Lower Tax Certificate on Sale of Property by NRI – VPS & Associates, Hyderabad

Under Section 195 of the Income Tax Act, 1961, any payment made to a Non-Resident Indian (NRI)—whether from the **sale of property, rental income, interest, professional fees, commission, or royalty—is subject to Tax Deduction at Source (TDS).

TDS on Sale of Property or Rental Income by NRIs

For instance, if an NRI sells a property in Hyderabad for ₹90 lakhs, the buyer must deduct TDS at 22.88% (as per applicable rates). Similarly, rental income earned by an NRI is also subject to TDS deductions.

How to Reduce TDS Burden?

To reduce the TDS liability, an NRI seller can apply to the Income Tax Department for a Lower Tax Deduction Certificate (LTC). This certificate allows for TDS at a lower rate or no TDS deduction based on the seller’s actual tax liability.

Our Services for NRIs at VPS & Associates

At VPS & Associates, Hyderabad, we specialize in NRI taxation, TDS compliance, and obtaining Lower Tax Deduction Certificates. Our services include:

✔ Applying for a Lower TDS Certificate (Form 13)
✔ Representation before the Income Tax Department for faster approval
✔ Ensuring compliance with tax laws to avoid penalties
✔ Guidance on Capital Gains Tax exemptions to minimize tax outflow
✔ Assistance with property sale documentation & repatriation of funds

Get Expert Assistance Today!

If you are an NRI selling property in India and wish to reduce your TDS burden, reach out to us for professional assistance.

📌 VPS & Associates – NRI Taxation Experts
📍 Location: Hyderabad

📧 Email id : team@vpsandassociates.com

Contact us today!

☎️ Landline: 040 – 29801299
📲  Mobile no: 8886359392 / 9030931302

Let us help you maximize your savings and ensure hassle-free tax compliance!