Reduce TDS on Property Sale by NRIs – VPS & Associates, Hyderabad

Selling Property in India as an NRI? Beware of High TDS!

Many Non-Resident Indians (NRIs) own property in India, whether self-acquired or inherited. When they decide to sell, they often face a significant tax deduction at source (TDS).

How Much TDS is Deducted?

As per Section 195 of the Income Tax Act, any buyer purchasing property from an NRI must deduct TDS at 23.69% on the sale value.

💡 Example: If an NRI sells a property worth ₹2 Crore, the TDS deducted will be a whopping ₹47.38 Lakhs!

How to Reduce TDS on Property Sale?

The good news is that NRIs can reduce or even eliminate this high TDS deduction by obtaining a Lower TDS Certificate from the Income Tax Department.

VPS & Associates Can Help!

We specialize in helping NRIs save lakhs in taxes by:

✔ Applying for a Lower TDS Certificate (Form 13)
✔ Calculating actual capital gains tax liability (Long-term or Short-term)
✔ Ensuring legal tax exemptions (Sections 54, 54EC, 54F)
✔ Filing tax returns & claiming excess TDS refunds
✔ Providing end-to-end tax advisory & compliance services

Need Help with TDS on Property Sale?

For expert guidance and hassle-free tax compliance, reach out to us today!

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

📧 Email id : team@vpsandassociates.com

Contact us today!

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

💰 Don’t let high TDS eat into your property sale proceeds! Consult us for tax-saving solutions. 🚀