I am buying a flat in Mumbai from a NRI. What is the TDS (%) to be deducted when I pay the agreed amount to the seller. I will be paying to his/her NRE bank account in India. Is TAN mandatory to pay the deducted TDS money to Income Tax office or can I pay using the PAN card of the seller and buyer. Will there be a CA required for all this activities or can I go ahead and do all this online (as I have read the process of paying the TDS to Income Tax office and how to create the TAN).
Kindly suggest.
Thanks.
