What we do
- Before the sale: compute your capital gain, plan exemptions (reinvestment in a house or bonds), and apply for the lower TDS certificate (Form 128).
- At the sale: guide the buyer on deducting and depositing TDS correctly, and check the TDS certificate.
- Moving the money: Forms 15CA and 15CB, bank coordination, and the US$1 million NRO route or the foreign-exchange route.
- After the sale: your Indian return to claim back excess TDS, and a gain summary your adviser abroad can use for the foreign tax credit.
By country
- UAE · UK · USA · Canada · Australia · Singapore · Saudi, Qatar, Kuwait, Oman, Bahrain
- Work out your numbers: property capital gains calculator.
Frequently asked questions
Can an NRI sell property in India without being in India?
Yes. The sale can be executed through a registered power of attorney, and the tax steps (lower TDS certificate, Forms 15CA/15CB, the return) can all be handled remotely.
How long does a lower TDS certificate take for an NRI property sale?
Usually a few weeks after a complete online application in Form 128, so apply well before the sale date.
Can an NRI get back excess TDS on a property sale?
Yes, by filing an Indian income tax return for the year of sale showing the actual capital gain; the excess TDS is refunded.