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The Economic Times
The Economic Times
Neelanjit Das

Good news: Property purchase from NRIs gets easier as govt amends Form 141; check how it helps

Ashish Karundia Suresh Surana

The Ministry of Finance has released a new notification which essentially makes tax compliance a lot easier for Indian residents and Hindu Undivided Family (HUF) buying property from a non-resident.

This notification (G.S.R. 830(E)) dated September 22, 2026, essentially says that an Indian resident individual/HUF buying property from an NRI/non-resident seller now gets a dedicated challan-cum-statement based compliance route under Form 141 from October 1, 2026, thereby removing the requirement of TAN.

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