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How TDS on purchase of property from NRI


Devina (Article)     12 April 2021

Devina
Article 
 107 points

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hello,

A is resident Indian purchases property from NRI. what will be TDs rate, and on what value it is to be calculated.

please give example for clarity.
Sourav

Sourav (Student)     12 April 2021

Sourav
Student 
 493 likes  8104 points

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TDS will be deducted u/s 195 on sale value
Devina

Devina (Article)     12 April 2021

Devina
Article 
 107 points

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Okay. if purchase made jointly by 2 persons , can 1 person can pay entire TDS? or both are compulsorily required to deduct and pay TDS?
Sourav

Sourav (Student)     12 April 2021

Sourav
Student 
 493 likes  8104 points

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Both have to deduct TDS
Devina

Devina (Article)     12 April 2021

Devina
Article 
 107 points

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Okay
thank you

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