Reviewed by MetaTax expert advisors and Chartered Accountants. Updated .
When an NRI sells property in India, the buyer must deduct TDS on the sale consideration at NRI rates unless the seller obtains a lower deduction certificate. After tax, up to USD 1 million per financial year can be repatriated from an NRO account with a declaration and, usually, a CA certificate (Forms 145 and 146 from April 2026, earlier 15CA and 15CB).
Before the sale
Apply for a lower deduction certificate based on the actual capital gain. Without it, TDS is calculated on the full sale value, which can lock up a large refund for many months.
After the sale
File an Indian return for the year to report the gain and claim any excess TDS.
To move the money abroad, your bank will ask for the declaration and CA certificate along with proof of tax paid.
Treaty relief
If the gain is also taxed in your country of residence, the double tax avoidance agreement and a Tax Residency Certificate decide where credit is given.
General information, not advice for your situation. Rules change; check with a Chartered Accountant before acting.