Question ID :
44959
Sale of House by NRI
A NRI wants to sell his house Registry Vlaue 110 Lacs Property was gifted bu his late father around fouryears back , How Capital gain will be calculated. Further what will be beneficial
selling property in FY 2526 or 2627. I think TDS rate will be lower in FY 2526 If he wants to avoid Income tax Whether investment in Bonds should be of Capital gain ar sale consideration though Bonds investment is limited to Rs 50 lacs
Posted by
Mahesh Kumar
on
Jan 22, 2026
Filed Under
DIRECT TAXES
12.5% plus applicable surcharge after ensuring that he was not a resident but ordinary resident.
Posted by
Sanjay Joshi on
Jan 23, 2026
Answer ID :
86076
In this case, cost will be considered as cost to previous owner i.e., his Father. The Tax liability will be at 12.5% as per Section 112(1)(c) , as he is Non Resident. The Rate is for FY 2025-26. For FY 2026-27, we dont know what rate it is going to be, as Budget is not yet introduced. One need not worry about TDS as one can make application before IT for lower deduction, if he feels so. Investment in Bonds U/s 54EC is for Capital Gain not Consideration.
Posted by
Rupakula Rajasekhar on
Jan 24, 2026