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    <title>Section 195 - TDS on income of non-resident or a foreign company - Sale of Property by NRI</title>
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    <description>TDS on payments to non residents for sale of immovable property must be deducted by the purchaser and deposited; the tax authority may determine the chargeable portion and withholding is at applicable rates. Long term capital gains to non residents are taxed at specified preferential rates and short term gains at applicable slab rates. Compliance requires timely deposit via prescribed challan, TDS return filing, issuance of TDS certificates, obtaining a TAN, and the option for the seller to obtain a certificate for lower withholding by producing transaction and cost documents; delays attract interest and penalties.</description>
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    <pubDate>Thu, 21 Nov 2024 15:14:00 +0530</pubDate>
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      <title>Section 195 - TDS on income of non-resident or a foreign company - Sale of Property by NRI</title>
      <link>https://www.taxtmi.com/manuals?id=5870</link>
      <description>TDS on payments to non residents for sale of immovable property must be deducted by the purchaser and deposited; the tax authority may determine the chargeable portion and withholding is at applicable rates. Long term capital gains to non residents are taxed at specified preferential rates and short term gains at applicable slab rates. Compliance requires timely deposit via prescribed challan, TDS return filing, issuance of TDS certificates, obtaining a TAN, and the option for the seller to obtain a certificate for lower withholding by producing transaction and cost documents; delays attract interest and penalties.</description>
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