NRI Property Sale Tax Filing: Expert 26QB & TDS Solutions
At E-Filing Buddy, we understand that NRI property sale tax filing can be a complex process due to India’s intricate tax regulations. Non-Resident Indians (NRIs) selling property in India must comply with various tax laws, including 26QB filing and TDS deductions, to avoid penalties and legal complications.
That’s why we offer a dedicated NRI property sale tax filing service, ensuring a smooth, hassle-free, and compliant tax filing process. This guide explains how our service can help you with 26QB filing and tax compliance.
Understanding NRI Property Sale Tax Filing
When an NRI sells property in India, tax implications must be carefully considered. One of the key requirements is Form 26QB filing, which ensures proper deduction and deposit of TDS (Tax Deducted at Source) with the government.
Key tax aspects to consider:
-
TDS on Property Sale: An NRI selling property in India is subject to TDS, which is deducted by the buyer before making the final payment.
-
Form 26QB Filing: It is mandatory to file Form 26QB to report TDS deducted on the property transaction.
-
Capital Gains Tax: Depending on the holding period, the property sale is subject to either long-term or short-term capital gains tax in India.
-
Double Taxation Avoidance Agreement (DTAA): NRIs may be eligible for tax relief under DTAA, avoiding double taxation in their country of residence.
Our NRI Property Sale Tax Filing Service
At E-Filing Buddy, we simplify NRI property sale tax filing with our expert-guided services:
1. Tax Assessment & Computation
-
We calculate your capital gains tax and TDS liability on the property sale.
-
We evaluate applicable deductions and exemptions under Indian tax laws.
2. Preparation & Filing of Form 26QB
-
We ensure Form 26QB is correctly filled as per tax laws.
-
We submit the form on your behalf, ensuring accuracy and compliance.
3. TDS Payment & Compliance
-
We assist in TDS payment to the Indian tax department.
-
We ensure tax payments are made before the due date, avoiding penalties.
4. Issuance of Form 16B
-
Form 16B is necessary for NRIs to confirm TDS deduction.
-
We ensure Form 16B is generated and sent to you without delays.
Why Choose E-Filing Buddy for NRI Property Sale Tax Filing?
-
Expertise in NRI Taxation: We specialize in NRI property sale tax filing and have extensive experience in handling 26QB filings.
-
Accurate & Hassle-Free Processing: We ensure compliance with tax laws, preventing errors or legal issues.
-
Affordable Pricing & Flexible Payment Options: Our services are budget-friendly and tailored to your needs.
-
Timely Filing & Compliance Assurance: We prevent delays, penalties, and ensure tax filings are done correctly.
Conclusion
E-Filing Buddy simplifies NRI property sale tax filing, making the process smooth, compliant, and stress-free. Whether it’s 26QB filing, TDS payment, or capital gains tax computation, our expert team ensures accuracy and efficiency in tax compliance.
Contact us today to learn more about how we can assist with your NRI property sale tax filing and make your tax filing process effortless.