Question ID :
44527
Sale of Property by NRI
A NRI has to sell a Property around Rs 75 Lacs on which TDS is required to be deducted at higher rates .Profit is around Rs 5.5 lacs only .He wants to file Form 13 on Traces site but can not file in the absence of TAN numbers of Joint Purchasers
Is there any wayout
Posted by
Mahesh Kumar
on
Aug 08, 2023
Filed Under
DIRECT TAXES
Buyer require to take TAN No.
Posted by
DEEPAK KUMAR MITTAL on
Aug 09, 2023
Answer ID :
85121
TAN no. is the prerequisite for the Buyers to take if buying a property from NRI. TAN is allotted at the same time whenever someone applies on the basis of Aadhar. Then makes a calculation and files it with the Jurisdictional Officer.
Posted by
surekha on
Aug 14, 2023