Tds on purchase of property

Suresh B (Querist) 01 August 2013 This query is : Resolved
If an NRI purchases property in Mumbai, sending funds from an NR account in USD, does she have an obligation to deduct tax from every payment made to the builder as per the new rules

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ajay sethi (Expert) 01 August 2013
consult your chartered accountant

Raj Kumar Makkad (Expert) 04 August 2013
EDS is required to be deducted and paid to Govt. exchequer but obtain the entire information from chartered accountant.

Rajendra K Goyal (Expert) 04 August 2013
TDS is to be deducted and to be deposited in Govt.account.

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