PAN-Based Compliance Replaces TAN from 1 Oct 2026
TDS on Purchase of Property from an NRI: PAN-Based Compliance Replaces TAN from 1 October 2026 The Government has significantly simplified the TDS compliance process for resident buyers purchasing immovable property from a Non-Resident Indian. Under the Income-tax (Fifth Amendment) Rules, 2026, effective from 1 October 2026, a resident individual or Hindu Undivided Family is …