Complex tax regulations for Non-Resident Indian (NRI) property sellers are causing significant fund blockage, with 12.5% to ...

Prices of the immovable properties are always soaring in India which makes it an investment. Accordingly, selling it generates profit which is taxed. In India, the onus to pay such a tax lies on the ...

If the seller is a NRI, taxes are withheld at a higher rate, and the buyer is also required to obtain a TAN, deposit the tax ...

The issue was whether TDS credit can be claimed by a person not named in the sale deed. ITAT held that TDS credit belongs only to the actual owners who executed the sale ...

A Canadian citizen of Indian origin lost his plea in the Delhi High Court to condone the delay in filing his income tax ...

Representative Image NEW DELHI: TDS of one per cent will apply on sale of an immovable property valued at Rs 50 lakh and more, even if there are multiple buyers and sellers involved in the transaction ...

India's real estate market just got a bit more transparent for tax authorities, but this increased scrutiny can change the dynamics of property transactions. A new tax rule, effective from October, ...

Either if as an NRI you are selling a property in India or as a buyer you are purchasing a property from an NRI, you need to be mindful of TDS compliances and related issues, to ensure a smooth ...

Buying a property in India isn’t just about finding the right location or negotiating a good deal. It's a financial maze, especially when the seller is a non-resident Indian (NRI). From deducting the ...