NRI TO BUY PROPERTY IN INDIA TDS DEAILES

[THULAISRAM VIJAYAPRAKASH]

SIR,

MR..R. IS NRI AND INDIAN INCOME FILED UP TO ASST-YEAR 2018-19.

HE PURCHASE PROPERTY IN INDIA RS.ONE CORE

MY QUERY IS

1. Did HE apply FOR TAN NUMBER COMPULSORY?

2. Did HE collect TDS RATE?

3. ALL THE AMOUNT TR. FROM.NRI A/C

4. DOCUMENT SIG BY THIS POWER HOLDER?

AI Summary

TDS on property purchase: questions about TAN requirement, TDS applicability, NRI account transfers and POA signatures.
Inquiry on obligations when an NRI buys property in India: whether TAN registration is compulsory; whether TDS must be collected and at what rate; implications of transferring the purchase amount from an NRI account; and whether documents signed by a power of attorney are valid for the transaction.