Tax note to a non-resident on the sale of Indian immovable property
Where the seller is a non-resident, s.194-IA does not apply at all, the buyer needs a TAN and must deduct under s.195 on the whole consideration, and on a ₹2,00,00,000 flat that is ₹29,90,000 withheld against a real tax of ₹17,94,000 unless a certificate under s.197 is obtained first.
- 3 pages
- 42
- Word and PDF
- 13 September 2026
What it covers
- 1Tax note to a non-resident on the sale of Indian immovable propertyon the firm's letterhead
Read the opening
The first part of the format, as it downloads. Blanks are highlighted.
On the firm's letterhead
Date: [Date of the note]
To,
[Name of the seller]
[Overseas address]
PAN [AAAAA0000A]
Subject: Proposed sale of [description of the property] — Indian tax consequences and the steps to be taken before the sale deed is executed