KAR SATHI · VISUAL GUIDE
Buying property from an NRI involves a different TDS process from buying it from a resident seller. Treating both transactions alike can result in.
01 · FROM THE GUIDE
NRI Property TDS: Form 141 Schedule E Guide for Buyers
Buying property from an NRI involves a different TDS process from buying it from a resident seller. Treating both transactions alike can result in short deduction.
02 · FROM THE GUIDE
Particular | Details
Applicable transaction | Purchase of immovable property from a non-resident seller
03 · FROM THE GUIDE
Schedule E is the part of Form 141 used by a resident Individual or resident HUF purchasing immovable property from a non-resident seller and deducting tax under Section 393(2) of the Income-tax Act, 2025.
Before 1 October 2026, such a buyer generally had to obtain TAN and submit the prescribed TAN-based statement. From 1 October 2026, an eligible buyer can report and pay.
04 · FROM THE GUIDE
The seller’s residential status decides the relevant property schedule.
Seller’s status | Applicable Form 141 schedule
05 · FROM THE GUIDE
A resident Individual; or
A resident Hindu Undivided Family.
06 · FROM THE GUIDE
Nature and period of the capital gain
Tax regime selected by the seller, where applicable
07 · FROM THE GUIDE
PAN and name
Residential status
08 · FROM THE GUIDE
PAN, if available
Name and status
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