will there be TDS on a sale of house property by one NRI to another NRI?



NRI WANTS TO SELL A HOUSE PROPERTY SITUATED IN INDIA TO AN ANOTHER NRI. CONSIDERATION WILL BE PAID IN INR FROM HIS NRO ACCOUNT. WHETHER TDS TO BE DEDUCTED UNDER INCOME TAX ACT.? IF SO AT WHAT RATE?

will there be TDS on a sale of house property by one NRI to another NRI?
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4 Replies to “will there be TDS on a sale of house property by one NRI to another NRI?”

  1. The tax is Capital Gains tax and it is not dependent on status as this is related to sale of property . Short term tax and Long term tax.



  2. no tds is to be deducted on sale/purchase of property. the sellor has to pay capital gains tax on his own . the buyer just pays the amount decided upon and does not have to deduct any taxes.


  3. since the sale of property is in india so the income in the form of capital gain shall deemed to acrue in india.whole tax shall be payable.no question of tds





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