Sir, if 2 buyers jointly purchase a property from a NRI seller and property sales value is 1.2 Cr then what will be the applicable surcharge while deducting tds ? The confusion is because the individual buyers sales contribution is 60lakhs which is between 50lakhs and 1 crore but total sales transaction is more than 1 cr so individuals should add a 10% surcharge or 15% surcharge ?
Since sale value is more than 1 crore there will be straight deduction of 24% each buyer will have to cut this much tds from their share@@KumarNaman-m7x
Sir 27Q immidiate file hota ya quater end par.
Quarterly
Sir, if 2 buyers jointly purchase a property from a NRI seller and property sales value is 1.2 Cr then what will be the applicable surcharge while deducting tds ?
The confusion is because the individual buyers sales contribution is 60lakhs which is between 50lakhs and 1 crore but total sales transaction is more than 1 cr so individuals should add a 10% surcharge or 15% surcharge ?
Since sale value is more than 1 crore there will be straight deduction of 24% each buyer will have to cut this much tds from their share@@KumarNaman-m7x
27Q is not only for NRI. Can u explain other than NRI.
27Q for all person who are not resident in India
27Q filing k liye buyer k pass TAN hona jruri he
Please reply?
How to file without PAN of NRI
Higher rate of tds will apply
@@CAPiyushMittal it's means go to higher side @ 20%