Who we are

At AKT Associates, we specialize in providing lower or NIL TDS certificate services for NRI property sales in India. Our team of experienced professionals is dedicated to helping Non-Resident Indians and Citizens of Indian Origin navigate the complex tax regulations surrounding the sale of property in India. We understand the importance of maximizing your profits while minimizing your tax liabilities, and we are here to provide comprehensive support and guidance throughout the entire process.

What we Do

If you are planning to sell a property in India as an NRI or PIO, it is crucial to apply for a Lower or NIL TDS Certificate under Section 197 of the Income Tax Act. By doing so, you can avoid the hefty 22.88% deduction on the gross sales proceeds and instead pay tax at a lower rate based on your actual tax liability. Our services include:

• Computation of lower TDS rate or NIL TDS
• Online Form 13 application and follow up with the Income Tax Department
• Temporary TAN application and surrender post-certificate issuance
• Filing of required documents and handling queries
• Issuance of Lower TDS/NIL TDS Certificate on NRI sale of property and online verification

By entrusting AKT Associates with your Lower or NIL TDS Certificate application, you can rest assured that our team will handle all the necessary paperwork and procedures with efficiency and accuracy. We strive to make the process as smooth and hassle-free as possible for our clients, allowing them to focus on other important matters.

Why you should use us

There are several reasons why you should choose AKT Associates for your Lower or NIL TDS Certificate needs:

1. Expertise: Our team of best CA/CS professionals has extensive experience in dealing with NRI property sales and tax regulations in India. We have the knowledge and expertise to guide you through the process effectively.
2. Convenience: You can avail of our services online from anywhere in the world, making it easy and convenient for NRI property sellers to comply with tax regulations in India without any hassle.
3. Efficiency: We understand the importance of timely compliance and strive to expedite the process of obtaining a Lower or NIL TDS Certificate for our clients. Our efficient handling of paperwork and follow-up with the authorities ensure a quick turnaround time.
4. Support: At AKT Associates, we pride ourselves on providing comprehensive support and guidance to our clients throughout the entire process. We are always available to address any queries or concerns you may have regarding your Lower or NIL TDS application.

When you choose AKT Associates for your Lower or NIL TDS Certificate needs, you are choosing a reliable and trustworthy partner who will work tirelessly to ensure that your tax liabilities are minimized, and your profits are maximized.

What can you ask?

You may have several questions regarding the Lower or NIL TDS Certificate application process for NRI property sales in India. Here are some examples of what you can ask us:

• What is the eligibility criteria for applying for a Lower or NIL TDS Certificate?
• How long does it take to obtain a Lower or NIL TDS Certificate once the application is submitted?
• What documents are required to apply for a Lower or NIL TDS Certificate?
• Can I apply for a Lower TDS deduction only on capital gains instead of the complete sale value?
• Are there any tax benefits or exemptions available for NRI property sellers in India?
• What is the process for reinvesting capital gains in another property or tax-free bonds to save on TDS?
• How can I remit the sale proceeds to my country or keep them in my NRO account within the prescribed limits?

Feel free to reach out to us at AKT Associates with any questions or concerns you may have regarding your Lower or NIL TDS Certificate application. Our team is here to provide you with the guidance and support you need to navigate the intricacies of tax regulations in India successfully.