Overseas Property Purchase Requirements

Summary

When purchasing property overseas, a 281 certificate is typically not necessary. However, a Lower Deduction Certificate (LDC) might be required for tax purposes, as mentioned in the Income Tax Act, 1961 in India, concerning tax deduction at source (TDS). Requirements can vary by country, so consulting a tax advisor or legal expert is recommended for specific guidance.

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To buy a property overseas, you generally do not need a * certificate. However, a Lower Deduction Certificate (LDC) can be required for tax purposes. where is it mentioned
To buy a property overseas, the requirement for a Lower Deduction Certificate (LDC) is generally for tax purposes. While specific laws vary, the Income Tax Act, * in India mentions the LDC in the context of tax deduction at source (TDS). It is advisable to consult a tax advisor for detailed information.
Is there a specific country you are considering for the property purchase?