Finance & Tax
TDS on Buying Property From an NRI Seller in Bengaluru Under Section 195
Many Bengaluru buyers assume a flat 1 percent TDS applies to every property purchase, but that rule stops at resident sellers. When the seller is an NRI, Section 195 takes over, the rate and base change, and the buyer carries the compliance burden and legal liability. This buyer-side guide explains the rate, the Lower Deduction Certificate, the TAN requirement, and the trade-offs.