Lower TDS Certificate for Property Sales: A Must for NRIs to Save Tax

Selling property in India as a Non-Resident Indian (NRI) comes with a catch—TDS at the rate of 23% or more is deducted by the buyer. This deduction happens regardless of your actual capital gains, which could be much lower. But here’s the good news: You can legally reduce or even eliminate this deduction with a Lower Tax Deduction Certificate (LTDC), and Team FMR is here to help.

Why NRIs Face High TDS on Property Sales

Under the Income Tax Act, buyers must deduct TDS when purchasing property from NRIs. The default rate is around 23.92%, which applies to the entire sale value—not just the gains. This results in excess tax being deducted upfront, locking up your funds until refunds are processed later.

How Team FMR Helps You Get a Lower TDS Certificate

✅ Document Compilation & Application Filing

We help you gather all necessary documents such as purchase/sale agreements, PAN, cost of acquisition, and expenses.

✅ Accurate Tax Computation

Our Certified Financial Advisors calculate your actual capital gains and eligible deductions, making your case for a lower deduction rate.

✅ Securing the Certificate

We file your application with the Income Tax Department and follow up to obtain your Lower TDS Certificate under Section 197 of the Income Tax Act.

✅ Capital Gains Tax Advisory

Our team also guides you on capital gains tax planning, including Section 54/54EC exemptions and reinvestment strategies—helping you save even more.

Benefits of Lower TDS Certificate

• Avoid excess TDS deduction

• Increase liquidity from sale proceeds

• Minimize or eliminate capital gains tax

• Faster fund remittance abroad

• Stay compliant with tax laws and FEMA

Why Choose Team FMR?

• Specialized in NRI Taxation

• Certified Financial Planners & Tax Experts

• Expertise in Real Estate Transactions

• End-to-End Financial & Risk Management

Final Word

Selling your property in India doesn’t have to mean losing a large chunk of money to TDS. With Team FMR, you can unlock the true value of your sale by leveraging a Lower TDS Certificate and smart capital gains planning.