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NRI Property Sale & TDS Reduction (Form 13 & Sec 195)

By A N Bobade & Associates Chartered Accountants · 17 Aug 2026

NRI Property Sale

NRI Property Sale & TDS Reduction (Form 13 & Sec 195)

A N Bobade & Associates Chartered Accountants 17 Aug 2026 1 min read

Are you a Non-Resident Indian (NRI) selling ancestral land, a residential flat, or commercial space in Pune? Buyers are legally obligated under Section 195 to deduct 20%+ TDS on the total gross sale value, locking up significant capital.

NRIs can avoid excessive tax withholding by applying for a Lower Deduction Certificate (Form 13) via the IT Department's TRACES portal before property registration. Additionally, repatriating sale proceeds abroad to NRE/NRO accounts requires mandatory Form 15CA and Form 15CB financial certification by a chartered accountant.

Protect your property returns and ensure seamless cross-border fund transfers with dedicated NRI tax advisory in Pune.

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Get expert advice from A N Bobade & Associates Chartered Accountants. Reach out to discuss your requirements.

Tags: #NRI Property Sale & TDS Reduction (Form 13 & Sec 195)
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