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TDS on Purchase of Property from a Non-Resident
TDS on Purchase of Property from a Non-Resident Introduction When purchasing an immovable property (land or building) from a non-resident, the buyer is required to deduct Tax Deducted at Source (TDS) under Section 195 of the Income Tax Act, 1961. The applicable TDS rate depends on whether the capital gain is short-term or long-term and
