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plz give views.
One of my clients, who are a NRI, wants to sale his Indian property say Land & after that he want to repatriate sale consideration through NRO Account to abroad.
Now following question arises
1. Who will be deducted TDS (Purchaser of property or seller(NRI)
2. Form 15CA is mandatory to fill or not for repatriation.
3. If form 15 CA is mandatory .who is the remitters & who is the recipients.
4. Can remitters & recipients be a same person? Coz NRI will remit amount from his NRO account to foreign account.
5. Tax Treatment & TDS Rate on This transaction |
