Home |Tax returns filing | I am non resident living abroad want to sale my property valued less than ₹50 lakhs to another NRI.Is there any need for me to pay TDS& what is it's percentage of tax?

I am non resident living abroad want to sale my property valued less than ₹50 lakhs to another NRI.Is there any need for me to pay TDS& what is it's percentage of tax?

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Subin VR, Chartered Accountant,FCA, DISA (ICAI) verified
Answered on May 14,2021

For NRIs normally 20% TDS will apply on sale amount.
Please check this video to check whether an NRI is liable to file Income Tax Return.

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