If you buy a house from a non-resident Indian and fail to deduct tax at source, you're going to be answerable to the tax department. And the penalties can be quite severe.
Alex Mathew is a Deputy Editor at BQ Prime. With a career that began in 2011, he specializes in Personal Finance, covering topics such as Mutual Funds, Real Estate Investment, Alternative Investments, and Wealth Management. His insights and expertise have been featured in notable publications including Cureus Journal of Medical Science, The New Indian Express, and NDTV Profit.








