Gurgaon | 23 Jan, 2019 (5 months, 3 weeks ago)

General Advice

Purchase of Property from a NRI through registered GPA

Hi team, I am planning to buy a property in Gurgaon from a NRI who has provided a registered GPA to one of their friend. I wanted to know following - 1. If such transactions are safe or not ? what are the precautions need to be taken during such transactions ? 2. Process of TDS deduction ? Straight forward TDS is ~22%, but broker and seller are saying they will furnish a Income tax certificate with reduced or NIL TDS%. Is this a legal way to reduce the TDS, will there be any implication on buyer for fraud in income tax certificate furnished by seller ? Please provide answers to these queries

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