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Issue ID : 107796
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Capital gain on NRI

Date 01 Jan 2015
Replies1 Answers
Views 821 Views
Asked By

An NRI sale a plot of land in India, buyers not deducted the TDS on that what are the consequence (interest, penalty etc) for the NRI

Income Tax
1 answers
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Replied on Jan 2, 2015
1.

Dear Sir,

What is the value of the land? If the land is less than ₹ 50 lakhs no TDS is required.

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