WHY TO OUTSOURCE COMPLIANCE MANAGEMENT SERVICES TO A PROFESSIONAL
WHY TO OUTSOURCE COMPLIANCE MANAGEMENT SERVICES TO A PROFESSIONAL
Jul 25, 2022
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Whenever any property is purchased/sold, TDS is required to be deducted by the buyer of the property.
The residential status of seller plays an important role while calculating the amount to be deducted. If the seller is a resident Indian – the amount of TDS to be deducted would be 1% of Sale Price; whereas in case of an NRI – the amount of TDS to be deducted would depend on the sale value of the property.
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