Flats and land in Kochi are popular NRI investments. Selling them requires careful TDS planning because buyers deduct tax on the NRI's behalf.
Key points for Kochi
- Apartment resales and joint ownership affect the gain computation.
- Stamp duty value and sale value comparisons can apply.
- Rented flats have TDS on rent at the NRI rate until sold.
- Funds credited to NRO can be remitted within FEMA limits with 15CA/15CB.
Selling property in Kochi as an NRI: step by step
- Compute capital gains and decide whether the gain is long-term (over 24 months) or short-term.
- Apply in Form 13 for a lower or nil TDS certificate before the sale is registered, otherwise buyers often deduct TDS on the full sale value.
- Plan exemptions (section 54 or 54EC) and the timing of reinvestment.
- Receive the proceeds in an NRO account and pay any balance tax.
- Remit abroad with Form 15CA/15CB within FEMA limits and file the Indian return to claim excess TDS.
How GstMan helps in Kochi
GstMan works online with businesses and individuals across Kerala: registration, filing, bookkeeping and tax planning. Start with the NRI property sale tax or try the free tool, then ask an expert about your case.
Frequently asked questions
Does TDS apply if the buyer is also an NRI?
Yes. TDS under section 195 applies to payments to non-residents regardless of the buyer's status.
Does GstMan have an office in Kochi?
GstMan is headquartered in Thiruvananthapuram, Kerala, with a UK operations location. We serve Kochi online by WhatsApp, calls and video, and can arrange meetings on request.
How do I get started?
Message GstMan on WhatsApp at +91 62385 77759 or send the enquiry form. We will share the document list and next steps.
Need expert help with this?
Talk to the GstMan team. We will guide you step by step.
General information only; not professional advice. Rates, limits and due dates change. Verify with official sources or consult a professional. Reviewed October 2026. See our editorial policy.
