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Reshma is a Non Resident Indian. She owns a fla...

Reshma is a Non Resident Indian. She owns a flat in Kanpur. She wants to sell it to a Shekhar, re...

Reshma is a Non Resident Indian. She owns a flat in Kanpur. She wants to sell it to a Shekhar, resident individual for Rs 68 lakhs. Shekhar has already paid token amount of Rs 1 lakh by cheque. But he is worried. He is not sure of the complications considering the fact that Reshma is a NRI. He already has taken a loan of Rs 58 lakhs too.

Can you please advise the sequence of steps that Shekhar should follow to avoid any breach of IT laws, including payment of TDS?



Reshma is a Non Resident Indian. She owns a flat in Kanpur. She wants to sell it to a Shekhar, resident individual for Rs 68 lakhs. Shekhar has already paid token amount of Rs 1 lakh by cheque. But he is worried. He is not sure of the complications considering the fact that Reshma is a NRI. He already has taken a loan of Rs 58 lakhs too.

Can you please advise the sequence of steps that Shekhar should follow to avoid any breach of IT laws, including payment of TDS?



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