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Buying property from an NRI? Such deals trigger higher TDS. Here’s how buyers can avoid tax pitfalls
When an Indian resident buys a property from an NRI, TDS rules under Section 195 kick in — no exceptions. Unlike local transactions where 1% TDS applies beyond ₹50 lakh, here the deduction is significantly higher.
When an Indian resident buys a property from an NRI, TDS rules under Section 195 kick in — no exceptions. Unlike local transactions where 1% TDS applies beyond ₹50 lakh, here the deduction is significantly higher.
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