NRI Property
TDS on sale of property by an NRI: rates, Form 27Q, the Section 197 certificate, and refunds
When an NRI sells property in India, TDS is deducted under Section 195 on the full sale price — not the gain. Here are the rates, the surcharge slabs above ₹1 crore, how to cut the deduction with a Section 197 certificate, and how to claim a refund.
· 9 min read