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tds u/s 195

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....ds u/s 195<br> Query (Issue) Started By: - satbir singh wahi Dated:- 3-10-2013 Last Reply Date:- 21-10-2013 Income Tax<br>Got 1 Reply<br>Income Tax<br>Purchasing flat from NRI , the tds to be deducted....

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.... at 20.6 percent . If the seller NRI does not have PAN then also 20.6. kindly guide. Reply By MANDAVILLI RAMAKRISHNA: The Reply: mr. satbir singh wahi, verify whether he is resident or not ordinary....

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.... resident or non resident as per Income tax laws if non resident, the NRI should have PAN number as he has to obtain CA certificate from transferring funds from India to abroad and has to pay the tax....

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....es on capital gains and other transactions in respect of the current financial year. the income tax slab rates are different for NRI so more tax to be paid than normal residents. obtaining PAN number....

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.... is compulsory so obtain PAN no. and then deduct TDS if you want to clear in your side. If the NRI also to be cared, advise him to obtain pan no. and CA certificate also Regards RK<br> Discussion Fo....

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....rum - Knowledge Sharing ....