I want to sell my Indian property
Plan the sale, buyer withholding and movement of proceeds together.
Source snapshot: 5 September 2026. Check current requirements with the issuing authority.
Understand the issue
The tax calculation, the buyer’s withholding obligation and the bank’s repatriation checks are separate. The amount credited after withholding may differ from your final tax liability.
Prepare your next steps
Assemble acquisition evidence
Record when and how you acquired the asset and retain purchase, inheritance and improvement documents.
Clarify your status for the sale
Ask the CA and bank to assess the relevant tax and FEMA status independently.
Agree withholding before signing
Ask your CA to explain the buyer’s obligations and whether a lower-deduction route is relevant to your case.
Prepare for completion of the sale
Confirm title, representation, local registration charges and how possession and payment will be recorded.
Check remittance documents in advance
Give the bank a description of the funding and acquisition history before assuming proceeds can be sent abroad.
Documents to prepare
- Acquisition and proposed sale documents
- Improvement costs and supporting evidence
- Residency history and tax records
- Bank funding and repayment trail
Questions for your adviser
- What will the buyer withhold, and what is my estimated final tax?
- Which tax-year rules and exemptions have you used?
- Which repatriation route applies to these proceeds?
Watch for
“The buyer deducts 1%, so your tax is handled” should never be accepted without a status-specific explanation.
Who can help
A CA before agreeing the sale timetable, a local property lawyer and the remitting bank.
Original sources
- Reserve Bank of India: Acquisition and transfer of property
National foreign-exchange rules for acquiring, transferring and repatriating proceeds from property.
- Reserve Bank of India: Remittance of assets
Eligibility, documents and conditions for the remittance-of-assets facility.
- Income Tax Department: Income-tax e-filing portal
Current filing forms, notices, tax records and taxpayer guidance.
General information only. Verify your circumstances and current rules with the relevant authority and a qualified professional before acting.
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