This may reduce your tax liability or lead to a refund if excess tax is deducted.

This may reduce your tax liability or lead to a refund if excess tax is deducted. https://www.taxtmi.com/article/detailed?id=13544 Section 194F mandates TDS on transfers of long term capital assets by non residents to residents, requiring the payer to deduct tax at the time of payment, with the deducted amount creditable in the recipient's return. The provision is described as applying without a minimum threshold, but excludes transfers not chargeable to capital gains (including certain reorganizations). Deduction entries appear in Form 26AS and must be reported under Income from Capital Gains in the Income Tax Return. en-us Thu, 13 Feb 2025 10:17:20 +0530 Thu, 13 Feb 2025 10:17:20 +0530 TaxTMI RSS Generator This may reduce your tax liability or lead to a refund if excess tax is deducted. https://www.taxtmi.com/article/detailed?id=13544 Section 194F mandates TDS on transfers of long term capital assets by non residents to residents, requiring the payer to deduct tax at the time of payment, with the deducted amount creditable in the recipient's return. The provision is described as applying without a minimum threshold, but excludes transfers not chargeable to capital gains (including certain reorganizations). Deduction entries appear in Form 26AS and must be reported under Income from Capital Gains in the Income Tax Return. Articles Income Tax Thu, 13 Feb 2025 10:17:20 +0530 https://www.taxtmi.com/article/detailed?id=13544