Sale & Repatriation For NRIs worldwide · Punjab · Haryana · Chandigarh

Selling up in India, and getting the money out.

The sale is the easy part. What costs NRIs money is the tax withheld at source on the gross price instead of the gain, and the paperwork that has to be right before a bank will remit anything abroad. We run the conveyance, the tax certificate and the remittance as one process.

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Sale Deed Section 195 TDS Form 13 Certificate Capital Gains Form 15CA / 15CB NRO Repatriation
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What we handle

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Title Due Diligence
Establishing clean, marketable title and clearing old mutation or encumbrance entries before you go to market.
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Sale Deed & Conveyance
Drafting, stamping and registering the sale deed — executed through your Power of Attorney holder if you are not travelling.
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Section 195 TDS
Getting the buyer's withholding right, including the TAN, Form 27Q return and Form 16A the buyer must issue you.
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Lower Deduction Certificate
Application in Form 13 so tax is withheld on your actual capital gain rather than on the whole sale price.
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Repatriation
Form 15CA and the chartered accountant's Form 15CB, and remittance of proceeds from your NRO account abroad.
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Capital Gains Planning
Advice on reinvestment reliefs and on the treatment of the gain under the tax treaty with your country of residence.
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Where your matter is heard

Your matter is argued in India by advocates enrolled with the Bar Council of Punjab & Haryana, while you follow it from wherever you live. You are not asked to fly in for routine hearings.

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Sub-Registrar — Punjab, Haryana & Chandigarh
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Income Tax Department — Form 13
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Authorised Dealer Banks
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Reserve Bank of India — FEMA
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Frequently asked

How much TDS will the buyer deduct when I sell? add

Where the property has been held for more than twenty-four months the gain is long term, and following the change effective from 23 July 2024 the base rate applied under Section 195 is 12.5 per cent, plus applicable surcharge and cess. The critical point is that Section 195 applies to the whole sum paid to you, not merely to your profit — so without a certificate the buyer withholds on the entire sale consideration. On a long-held property that routinely means many times the tax you actually owe, refundable only after you file a return.

How do I stop tax being deducted on the full sale price? add

By applying to the Assessing Officer in Form 13 for a certificate for deduction at a lower or nil rate. You submit the purchase documents, the sale agreement and a computation, and the officer certifies the tax to be withheld on the actual capital gain. Handing that certificate to the buyer is what turns a withholding on the gross price into a withholding on the gain. It takes time, so it should be started when the sale is agreed, not at registration.

How much money can I send out of India after the sale? add

Sale proceeds go into your NRO account, and up to one million US dollars per financial year may be remitted abroad from that account, subject to the applicable taxes having been paid. The remittance runs on Form 15CA from you and Form 15CB certified by a chartered accountant, which your bank will require before it processes the transfer.

Does the buyer need anything special to deduct the tax? add

Yes, and buyers frequently get this wrong. Because you are a non-resident the deduction falls under Section 195, so the buyer must obtain a TAN, deposit the tax, file a Form 27Q return and issue you Form 16A. A buyer who simply files the Form 26QB used for resident sellers has not complied, and the error surfaces later — often when you try to claim credit. We flag this to the buyer's side early, in writing.

Can I sell without coming to India at all? add

Yes, through a Special Power of Attorney authorising a named person to execute and register the sale deed for the named property. It must be executed abroad by apostille or consular attestation, then adjudicated and stamped in India. Buyers and sub-registrars scrutinise NRI Powers of Attorney closely, which is why the drafting matters more here than almost anywhere else.

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Tell us about your matter and an enrolled advocate will review it and come back to you with a written view — we work around your time zone, not ours.

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