29-April-2026
Taxation
 
NRI sells Rs 1 crore property, saves Rs 12.5 lakh TDS legally — how this form cut his tax to zero
29-Apr-2026

When an NRI decided to sell his property in India for Rs 1 crore, he was prepared for the paperwork, the negotiations and the legalities. What he wasn’t prepared for was losing Rs 12.5 lakh of his own money—not as tax, but as money that would be locked away for months, maybe a year, before he could get it back as a refund. But unlike most people who accept this as “just how it works,” this NRI took a different route.

News Source:- https://www.financialexpress.com/money/nri-sells-rs-1-crore-property-saves-rs-12-5-lakh-tds-legally-how-this-form-cut-his-tax-to-zero-4220735/?ref=personalfinance_hp
 
 
 

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