TDS on Property Transactions: Step-by-Step Guide with Form 26QB & 16B

TDS on Property Transactions: Step-by-Step Guide with Form 26QB & 16B Property purchases and sales in India involve compliance beyond the sale agreement and payment. When the transaction amount reaches…

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Sale of Property in India by an NRI – TDS Provisions for Buyers and Sellers

Sale of Property in India by an NRI – TDS Provisions for Buyers and Sellers When a person purchases immovable property in India from a Non-Resident Indian (NRI), the buyer…

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How To Download And Fill Form 26QB For TDS Payment On Purchase/Sale Of Property

The Income Tax Department introduced the Tax Deducted at Source (TDS) system to facilitate quick and efficient tax collection. According to the Finance Act of 2013, individuals or Hindu Undivided…

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Income tax implications for NRI selling property in India

NRIs while selling their house properties in India must pay tax on the Capital Gains. The tax payable on the gains depends on whether it is a short-term or a…

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