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TDS on Immovable Property & Lower Deduction Certificate

mumbai, Mumbai City, Maharashtra 40001 - 15 Mar, 2024

Description

TDS (Tax Deducted at Source) on immovable property refers to the tax deducted by the buyer of a property at the time of making payment
to the seller. NRIs can apply for a Lower Deduction Certificate to reduce the TDS rate if their total income is below the taxable
limit or qualifies for a lower rate under the Double Taxation Avoidance Agreement (DTAA).

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