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Policy● Neutral for Indian equities
PAN-based TDS reporting eases compliance for NRI property purchases from October 1
The brief
- Resident individuals and HUFs no longer need a TAN solely for TDS compliance
- Buyers can deposit and report TDS using PAN under Section 393(2)
- Simpler compliance may support property transactions involving NRI sellers and Indian homebuyers
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TDS rules for property purchases from non-residents
The CBDT eased TDS compliance for residents buying property from non-residents, with changes taking effect from October 1, 2026. Buyers can deposit and report TDS under Section 393(2) of the Income-tax Act, 2025, through a PAN-based process.
Sunday, 27 September
Thursday, 24 September
- PAN-based TDS reporting eases compliance for NRI property purchases from October 1