New TDS rules ease property buys from NRIs from October 1, 2026
In short
Resident Indian buyers will be able to use their PAN instead of getting a TAN when buying property from non-resident sellers from October 1, 2026. The summary also says buyers must provide the seller’s contact details and overseas address.
This could make the process easier for individual buyers. The reporting does not say more about the full rules or how much time or cost they will save.
What the reporting says
Resident Indian buyers purchasing property from non-resident sellers will be able to use their PAN instead of getting a TAN from October 1, 2026, according to the publisher summary. The reported change also requires buyers to provide the seller’s contact information and overseas address. The immediate effect is lower compliance burden for individual buyers, while the exact final scope of the amendment is not stated in the available reporting.
Why it matters
The reported change affects resident Indian buyers of property from non-resident sellers starting October 1, 2026. The publisher summary says PAN can be used instead of TAN, which should reduce compliance work for individual buyers. It also says buyers must provide the seller’s contact information and overseas address. The reporting does not state the full legal text or whether any other documentation rules change.