A lower TDS certificate before you sell property in India
An application on Form 13 so the buyer deducts tax on your actual gain, not on the full sale price.
When an NRI sells property in India, the buyer must deduct tax from the sale price before paying you. Without a certificate, the deduction is worked out on the whole price, which is often far more than the tax you owe on your gain.
A lower deduction certificate from the Indian tax department lets the buyer deduct a smaller amount. You apply on Form 13 before the sale, and it takes several weeks, so start early.
What this covers
- Working out your capital gain and the tax due on it.
- Preparing and filing the Form 13 application.
- Following up with the tax officer until the certificate is issued.
- Explaining what the buyer must do with the certificate.
How it works
Email us what you need and a rough picture of your income and accounts. We reply with a quote and a list of documents. Nothing is filed until you have reviewed and approved it.
Read our edition on selling property in India →
Common questions
Then the certificate no longer helps. You claim the excess tax back by filing an Indian tax return for that year.