Budget 2026 brings a positive change for resident Indians buying property from NRIs. Effective 01.10.2026, buyers will no longer need a separate TAN for TDS; instead, TDS can be deducted and paid using the buyer’s PAN through Form 26QB — the same process used for resident sellers. Until then, the current TAN + Form 27Q system continues. This amendment simplifies compliance, reduces cost, and aligns NRI property purchases with resident transactions.
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