If I buy any land/building then is there any requirement to deduct tax from the sale proceeds to be paid by me to the seller?

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..... stions (FAQs) - Income Tax - Manuals - Ans. Yes, Finance Act, 2013 has introduced section 194-IA which provides for deduction of tax at source in case of payment of sale consideration of immova .....

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..... ler is a non-resident then tax is be deducted under section 195 and not under section 194-IA . Thus, in case of purchase of property from non-resident TDS provisions of section 195 ​ will ap .....

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