Sell a Chennai property as an NRI and the buyer must withhold TDS on the full sale price — often 13–14.95%, not the 1% a resident seller pays. When you book a valuation for a sale, we include a free estimate of what you actually owe on the gain and hand you off to a CA who can act on it — so the excess is never withheld in the first place.
This is a rough planning estimate, not a filing — indexation, holding period, and exemptions change the real number. It exists to show why the gap is worth closing before you sign.
*Long-term capital gains rate shown at 12.5% (no indexation) per current law for transfers on or after 23 Jul 2024 — illustrative only, confirm your actual holding period and applicable rate with your CA. Without a Form 128 lower-deduction certificate, the buyer withholds on the full sale price regardless of your actual gain.
What you paid, adjusted for inflation and improvements. For property acquired before 1-4-2001 — including most inherited property — this uses the fair market value as on 1-4-2001 instead of the original price, from our Valuation service, indexed forward.
Sale price minus indexed cost, checked against your actual holding period to confirm long-term vs short-term treatment.
What the buyer should withhold once a lower-deduction certificate reflects your real gain, instead of the default rate on the full price.
Whether your numbers support a lower/nil-deduction certificate (renamed from Form 13, effective 1 Apr 2026) — the starting point your CA uses to decide whether to file.
Tell us the purchase date and price, any improvement costs, and expected sale price when you book a valuation — no separate booking needed.
You take the computed estimate to a CA — yours, or one we introduce from our network — who prepares and files the Form 128 application entirely. That's their work, not ours.
Once filed and approved, the buyer withholds the correct, lower amount at the time of sale — not the default rate, refunded a year later after filing a return.
We are not a chartered accountancy or law firm, and we don't prepare or file the Form 128 application. Our work is the computed estimate above — included free with your valuation, no separate charge — showing what it's likely worth to have a lower-deduction certificate at all. If you don't have a CA, we introduce independent CAs from our network; that engagement, including preparing and filing the application, is between you and them directly, and we don't carry responsibility for their filing or its outcome.
The lower-deduction certificate takes time to process — starting before you have a buyer, not after, is what actually saves the withholding.