Therefore NAB is your item company and references to 'we', 'us', or 'our' in relation to Citi branded services are frequently references to NAB Except the context involves in any other case.

- The true secret variations among your Citi and NAB branded debit card and Online banking functionality. 

Which means NAB is your products provider and references to 'we', 'us', or 'our' in relation to Citi branded services are frequently references to NAB Until the context involves usually.

I'm a NRI because very last fifteen many years, I'd brought a property when I was residing in India and now wish to sell it to buy other property. As from the sale proceeds other property might be purchased, In cases like this is also TDS Applicable ?

There's a period as many as and like 23 February 2024 exactly where you should have the two the Citi Debit Mastercard, which you'll be able to use to obtain the Citi branded account, and the NAB branded debit card, which you can use to accessibility the NAB branded account. 

Unresolved Tax Matters: If you'll find any pending tax troubles or inconsistencies in the filings, the refund procedure could be substantially delayed or denied.

The buyer ought to deposit the deducted TDS sum Using the Income Tax Section as a result of e-challan from the seventh day of another month, on which the payment was manufactured to the seller.

In the event that the property has been inherited, the day of purchase of the original operator is going to be thought of. In such a scenario the expense of the property shall be the expense into the earlier proprietor.

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TDS Compliance: TDS is deducted at twenty% for extensive-term gains and 30% for brief-phrase gains. TDS deduction can be a legal responsibility of the client. The customer should have a TAN (various than PAN) when buying a property from an NRI.

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These bonds are redeemable following five years and should not be marketed ahead of the completion of 5 yrs from the day of sale in the house property. 

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