DrawMagic Editorial

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NRI Taxation

Holding Period: LTCG vs STCG for NRI Property

One extra day past 24 months can move an NRI's property sale from slab-rate short-term tax into flat long-term rates β€” here is exactly how the clock is counted.

22 Sept 202612 min
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#nri-property-tax#holding-period#ltcg
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NRI Taxation

Section 54 Exemption for NRIs Selling a House

Reinvest a long-term gain from an Indian house sale into one more Indian house within the statutory windows, and Section 54 can shelter the tax β€” but the rules trip up NRIs planning to buy abroad.

22 Sept 202611 min
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#nri-property-tax#section-54#ltcg-exemption
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NRI Taxation

Section 54EC Bonds for NRI Capital Gains

An NRI who doesn't want to buy another Indian house has six months to park a long-term gain in NHAI or REC bonds β€” a narrower but simpler shelter than Section 54, with its own cap and lock-in.

22 Sept 202612 min
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#nri-capital-gains#section-54ec#capital-gains-bonds
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NRI Taxation

Capital Gains Account Scheme for NRIs: Protecting Your Section 54 Exemption When the New Home Isn't Ready

An NRI who sold property but can't close the replacement flat before the ITR deadline can still save the Section 54 exemption β€” by parking the gain in a Capital Gains Account Scheme deposit first.

22 Sept 202613 min
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#capital-gains-account-scheme#cgas-nri#nri-capital-gains
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NRI Taxation

Claiming a TDS Refund After Selling as an NRI: When the Buyer Deducted Too Much

NRI sellers routinely see TDS deducted on the full sale price instead of the actual gain, locking up large sums until an Indian tax return is filed and the refund is processed.

22 Sept 202612 min
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#nri-tds-refund#property-sale-tds#nri-itr
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NRI Taxation

Form 27Q: The TDS Return You Must File When Buying From an NRI Seller

Buyers who assume Form 26QB covers any property purchase are caught off guard when the seller turns out to be an NRI β€” the compliance runs through Form 27Q instead, with different rates, a TAN requirement, and quarterly filings.

22 Sept 202611 min
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#form-27q#nri-property-tds#buyer-tds-return
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NRI Taxation

TRC and Form 10F: Proving NRI Residency for DTAA

A Tax Residency Certificate plus Form 10F is the paperwork that turns a tax treaty from theory into a lower TDS number on your Indian rent or property sale.

22 Sept 202611 min
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#tax-residency-certificate#form-10f#dtaa-nri
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NRI Taxation

TDS When Buying an Under-Construction Flat From an NRI

Buying an under-construction flat from an NRI seller means deducting TDS on every construction-linked instalment, not just the final payment β€” miss one and the compliance risk is yours.

22 Sept 202611 min
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#nri-tds#under-construction-property#section-195
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NRI FEMA & Funding

Combining NRE Funds and a Home Loan as an NRI

How NRIs blend NRE savings with a rupee home loan for an India purchase β€” the right split, the FEMA-compliant paper trail, and the repatriation rules that matter years later.

21 Sept 202615 min
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#nri-home-loan#nre-funds#fema-funding
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NRI FEMA & Funding

FEMA vs Income-Tax Residency for Property Buyers

An NRI can be 'resident' under the Income-Tax Act and 'non-resident' under FEMA at the very same time β€” and each label controls a different part of your property purchase.

21 Sept 202616 min
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#fema-residency#income-tax-residency#nri-status
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NRI FEMA & Funding

Buying Property During a Visit to India: Payment Rules

A practical payment playbook for NRIs who plan to close a home purchase in India during a short annual visit, from token to registration.

21 Sept 202615 min
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#nri-payment-rules#india-visit-purchase#fema-funding
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NRI FEMA & Funding

Co-Owning India Property with Resident Parents

How an NRI and their resident parents can jointly buy a home in India without muddying who owns what or blocking the NRI's share from ever coming back out.

21 Sept 202614 min
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#nri-co-ownership#joint-property#resident-parents