India simplifies TDS rules for property purchases from NRI sellers

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The Income Tax Department introduced a change to the TDS process for property transactions involving non-resident Indians.
Buyers will no longer need to obtain a separate Tax Deduction and Collection Account Number (TAN) for these transactions.
TDS payments and reporting can now be completed using the buyer's existing PAN.
These new regulations take effect on October 1, 2026, to reduce the administrative burden on buyers.

Implementation of the new TDS process starting October 1, 2026.
Potential updates to income tax portal interfaces to accommodate PAN-based TDS filing.

1 report

Indian-language1

All filed from India

Named India · Divesh Dinesh Chavan · Income Tax Department

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