Answer

1. F

   Facts

   Buyers deduct TDS on payments to non-residents at the applicable rates, and this appears in your Form 26AS. You claim it in your return, and any excess over your actual tax is refunded.

2. P

   Provisions and law

   • Sec 195 (now Sec 393)TDS on payments to non-residents
   • Sec 197 (now Sec 395(1))Lower or nil TDS certificate
3. A

   Analysis

   Buyers often deduct on the full sale price. If the price was ₹90 lakh and TDS was worked out on all of it, but your actual long-term gain was only ₹20 lakh, the tax on the gain (about ₹2.6 lakh at 12.5% plus cess, before any surcharge) is far lower, and you claim the excess as a refund by filing ITR-2. Check that the buyer filed the TDS return and the credit shows in 26AS. A lower TDS certificate before sale could have reduced the deduction.

4. C

   Conclusion

   1. 1Get Form 16A from the buyer
   2. 2Check the TDS in 26AS for the right year
   3. 3Compute capital gains and tax
   4. 4File ITR-2 claiming the TDS and refund

General guidance from TaxSavvy’s library of money processes. Laws change; your Savvy confirms the answer on your exact case before anything is filed.