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Buying a property from an NRI (Non-Resident Indian) in India comes with certain responsibilities, and one of the most important among them is deducting and depositing TDS (Tax Deducted at Source). If you are buying a property from an NRI, then as per Indian tax laws, you must deduct TDS before making the payment and deposit it with the government.
It doesn’t matter if you are a salaried person, a businessman, or even a first-time buyer—if the seller is an NRI, you are responsible for deducting TDS. Not following this properly can lead to penalties, interest, and even legal notices from the Income Tax Department.
At CallMyCA, we make this complicated and stressful process super simple for you. Our expert Chartered Accountants and tax professionals handle everything—from checking the NRI’s tax status, calculating the correct TDS amount, helping you with the form filings, to issuing Form 16A and uploading details on the TRACES portal.
Whether the property value is Rs 50 lakh or Rs 5 crore, whether the seller lives in the US, UK, or the Gulf, we help you stay fully compliant, avoid unnecessary legal trouble, and enjoy a peaceful property transfer.
From document collection to TDS certificate issuance.
Our CAs handle complex NRI taxation issues with ease.
No overpayment or under-deduction risk.
Avoid penalties by ensuring on-time TDS return filing.
No need to worry if you don’t have a TAN.
Get progress reports on WhatsApp and email.
Full compliance protects you from IT notices.
The Entire process is handled online.
Premium service at a budget-friendly cost.
The buyer is responsible for deducting TDS under Section 195. Even if the seller is an NRI and lives outside India, the buyer must deduct and deposit TDS to the government, else they may face penalties.
The TDS rate is 20% on long-term capital gains and 30% on short-term gains, plus surcharge and cess. If the seller gets a certificate for lower deduction (Form 13), the rate can be reduced.
Late deduction or non-filing can attract penalties up to Rs.1 lakh, interest @1% per month, and disqualification from registry/loan processing in future property dealings.
Yes. You must obtain a TAN (Tax Dedication Account Number) as TDS on NRI property falls under Section 195, not Section 194IA. PAN is not enough.
Yes. The NRI seller can apply to the Income Tax Department for a lower/nil deduction certificate under Section 197, but it must be done before the transaction.
Yes. The Rs 50 lakh exemption limit applies only to resident seller transactions under Section 194IA. There is no threshold under Section 195.
It’s deposited via Challan ITNS 281, using the buyer’s TAN. CallMyCA will do this for you, so you don’t make errors.
Form 27Q is the quarterly TDS return filed by the buyer. Form 16A is the TDS certificate issued to the NRI seller. Both are mandatory.
Yes. From consultation to TAN application, calculation, payment, and filing—we do everything digitally. You just share documents and relax.
Usually 3 to 7 working days, depending on document readiness and whether you have a TAN. We prioritize quick turnarounds.
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