NRI Tax Optimizer (Lower Tax deduction certificate)

We understand that managing property transactions in India as an NRI involves more than just paperwork- it's about ensuring peace of mind through meticulous tax compliance and efficient financial handling. Our comprehensive services are designed to make the sale of your property as seamless and beneficial as possible. We assist in securing a Lower Tax Deduction Certificate (LTC) to minimize the Tax Deducted at Source (TDS), enhancing your net proceeds from the sale. With our expert guidance, you can navigate the complexities of property transactions with ease and confidence, knowing every detail is handled with precision and care.

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Tax Optimisation Thrives on Expert Insights

Are you worried about excessive tax deductions on the entire sale consideration of your property in India?

Tax is typically deducted between 13% to 35.88% on the full sale consideration. However, if the actual tax due is less than the deducted amount, you can apply for a LTC to adjust and reduce your tax liability, ensuring you don't pay more than necessary.

Concerned about significant amounts of tax being tied up with the tax authorities, causing delays in refunds?

By securing an LTC, the tax deducted on the sale consideration can be reduced significantly. This adjustment increases the portion of the sale proceeds available to you immediately, reducing the worry about funds being unnecessarily blocked.

Worried about the repatriation of sale proceeds from India to your resident country?

We manage all the required compliances and documentation for repatriating sale proceeds, ensuring a smooth and hassle-free transfer to your resident country. Trust us to handle the intricacies in remitting funds, so you can focus on what's important.

WHY CHOOSE DVS?

Valid
VIABLE
VESTED

100%

Compliant

We are proud of our ability and experience to ensure legally, commercially and even competitively the solutions are designed for success that is compliant with all norms, protocols and laws.

100%

Implementable

We are proud of our pragmatic solutions that are curated to every problem and show the way to what seems unreachable until it's done by us.

100%

Commitment

We are proud of our ability to ensure functional and exceptional detailing that solve client problems as though it is ours every time till it is resolved.

100%

Compliant

Our solutions are meticulously designed to align with the regulatory standards of each jurisdictions.

100%

Implementable

Our recommendations are practical, actionable, and ready for implementation.

100%

Commitment

We deliver on every promise with a
perfect track record of completing all engagements we undertake.

OUR METHODOLOGY

01

Discover

Call with experts.

Understand the requirements.

Engage

02

Design

Collection of required documents

Estimate actual tax liability.

Compute potential savings on lower deduction.

03

Implement

Apply for an LTC

Represent with tax authorities.

Obtain certificate.

Our Client's Experience On The DVS Difference.

As a company we have been associated with them for a number of years and they bring integrity and a lot of value in their offerings to the customers like us. I find them way ahead of their contemporaries offering similar services. Their innovative and tailor made services to their clients are what makes them stand apart.

Mr Srinivas Acharya

Managing Director – Sundaram BNP Home Finance Ltd

It has been a wonderful journey of Carat Lane with DVS – 10 Years and still counting. The amount of knowledge and expertise which the entire team has in the area of tax and compliance is truly remarkable – The “Solution for every problem” approach and the complete handholding of client with a personal touch makes DVS different among others.

Mr Mithun Sacheti

CEO – Carat Lane Trading Pvt Ltd

It has been a journey of discovery, education and building relationships this past year with DVS as we continue to work closely. DVS has advised us on multiple fronts and has had a huge impact on our lives as we made critical decisions at turning points. Divakar, Nabeel, and their team have become family as they have been available to research, decide and execute plans on decisions both personal and business. DVS turned out to be a full-service boutique advisory firm who have pushed the boundaries of service beyond the usual. It is indeed reassuring to know that they are available round the clock and across geographies. Nabeel has been resourceful and has gone beyond the call of duty to help us settle down in a new country as we expand our business opportunities. We look forward to working together in the years to come.

Mr Biju

CEO-Vikaasha Schools

With Divakar’s leadership DVS advisors has built an impressive team. Their service, professionalism and subject matter knowledge is exceptional. Long term partnership with DVS has helped Kavi Software Technologies function efficiently with national and international compliance intact.

Vijitha Kaduwela

CEO-Kavi Global & Kavi Software Technologies – USA

The CFO solutions offered by DVS, was the key to develop good & reliable strategy to develop the business and year on year the data was becoming trustable and reliable. DVS’s CFO solution supported us by providing valuable business insights and getting the long term & short term strategies in place.

R Sakthivel

K R R Engineering Private Limited

DVSCA advised me on structural change for my IT business to support international operation, I found them to be competent and through, they offered me multiple options that fits my need and walked me through so that I could make an informed decision.

Lucid Technologies & Solutions

We acknowledge the hard work put in by your team, which has also helped us to develop our international tax team. We had a great time working with you.

Mr. Joginder Singh Chief

Accounting Officer – Daimler India Commercial Vehicles Ltd.

My wife and I had a fantastic time working with DVS Real Estate. We were so taken with the first one that we made an offer the next day! Nasser took our dream and turned it into a reality. From beginning to end, the procedure was seamless and professional. Nasser is polite, dynamic, and knows the market. He comes highly recommended from us!

Mr & Mrs. Tariq ali hassan

Mr. Nasser Ahmed mentioned that his profession is more about service than sales when we first met him. His extensive expertise of home development and the local market demonstrated this time and time again. Nasser would undertake a meticulous assessment every time we went to see a new property, looking for signs of faults and commenting on the quality of the construction, finish, appliances, and so on. Nasser also guided us through several rounds of bargaining to get at a price that were happy with. We eventually discovered the perfect property for us and are enjoying it since then.

Mrs. Ivan Bemans

Nasser is the epitome of everything you could want in a broker; he is well-connected, knowledgeable and professional. (In fact, he was able to get us an offer before we even listed our property.) His likeability is what you want in someone representing your home to others. There is an ease about the way in which he conducts himself even amidst all the stress that comes with negotiating such an important personal transaction. He comes across as someone that truly loves what he does and enjoys all there is about Dubai as a whole. I would recommend him to anyone, without hesitation.

Mr. Raj Parmar

Mr Srinivas Acharya

Managing Director – Sundaram BNP Home Finance Ltd

As a company we have been associated with them for a number of years and they bring integrity and a lot of value in their offerings to the customers like us. I find them way ahead of their contemporaries offering similar services. Their innovative and tailor made services to their clients are what makes them stand apart.

Mr Mithun Sacheti

CEO – Carat Lane Trading Pvt Ltd

It has been a wonderful journey of Carat Lane with DVS – 10 Years and still counting. The amount of knowledge and expertise which the entire team has in the area of tax and compliance is truly remarkable – The “Solution for every problem” approach and the complete handholding of client with a personal touch makes DVS different among others.

Mr Biju

CEO-Vikaasha Schools

It has been a journey of discovery, education and building relationships this past year with DVS as we continue to work closely. DVS has advised us on multiple fronts and has had a huge impact on our lives as we made critical decisions at turning points. Divakar, Nabeel, and their team have become family as they have been available to research, decide and execute plans on decisions both personal and business. DVS turned out to be a full-service boutique advisory firm who have pushed the boundaries of service beyond the usual. It is indeed reassuring to know that they are available round the clock and across geographies. Nabeel has been resourceful and has gone beyond the call of duty to help us settle down in a new country as we expand our business opportunities. We look forward to working together in the years to come.

Vijitha Kaduwela

CEO-Kavi Global & Kavi Software Technologies – USA

With Divakar’s leadership DVS advisors has built an impressive team. Their service, professionalism and subject matter knowledge is exceptional. Long term partnership with DVS has helped Kavi Software Technologies function efficiently with national and international compliance intact.

R Sakthivel

K R R Engineering Private Limited

The CFO solutions offered by DVS, was the key to develop good & reliable strategy to develop the business and year on year the data was becoming trustable and reliable. DVS’s CFO solution supported us by providing valuable business insights and getting the long term & short term strategies in place.

Lucid Technologies & Solutions

DVSCA advised me on structural change for my IT business to support international operation, I found them to be competent and through, they offered me multiple options that fits my need and walked me through so that I could make an informed decision.

Mr. Joginder Singh Chief

Accounting Officer – Daimler India Commercial Vehicles Ltd.

We acknowledge the hard work put in by your team, which has also helped us to develop our international tax team. We had a great time working with you.

Mr & Mrs. Tariq ali hassan

My wife and I had a fantastic time working with DVS Real Estate. We were so taken with the first one that we made an offer the next day! Nasser took our dream and turned it into a reality. From beginning to end, the procedure was seamless and professional. Nasser is polite, dynamic, and knows the market. He comes highly recommended from us!

Mrs. Ivan Bemans

Mr. Nasser Ahmed mentioned that his profession is more about service than sales when we first met him. His extensive expertise of home development and the local market demonstrated this time and time again. Nasser would undertake a meticulous assessment every time we went to see a new property, looking for signs of faults and commenting on the quality of the construction, finish, appliances, and so on. Nasser also guided us through several rounds of bargaining to get at a price that were happy with. We eventually discovered the perfect property for us and are enjoying it since then.

Mr. Raj Parmar

Nasser is the epitome of everything you could want in a broker; he is well-connected, knowledgeable and professional. (In fact, he was able to get us an offer before we even listed our property.) His likeability is what you want in someone representing your home to others. There is an ease about the way in which he conducts himself even amidst all the stress that comes with negotiating such an important personal transaction. He comes across as someone that truly loves what he does and enjoys all there is about Dubai as a whole. I would recommend him to anyone, without hesitation.

Frequently Asked Queries

What value added services can I expect from DVS to make my property sale process smoother?

With DVS, you can benefit from a range of value-added services such as

  • PAN application, 
  • Buyer TAN application
  • Buyer TDS compliances, 
  • Property valuation, 
  • Applying for lower deduction certificate
  • Advance tax computation, 
  • Certification of forms for repatriation
  • Reinvestment advisory
  • Income tax return filing.

How does DVS ensure I comply with Indian tax laws and help me with my taxes?

We provide comprehensive support to ensure that you comply with the Indian tax laws. This includes obtaining necessary certificates, filing required forms, offering guidance on tax exemptions for reinvestment in residential properties or bonds, and assisting with repatriation procedures by helping you complete necessary forms and obtain approvals.

Why should I choose DVS for my property sale tax needs?

Our solutions are:

  • "Valid"- We guarantee 100% compliance with all regulations, ensuring your peace of mind. 
  • "Vested"- We're 100% committed to your success, going above and beyond to meet your needs. 
  • "Viable" – Our solutions are 100% implementable.

How long does it take to obtain an LTC?

Generally, a lower tax deduction certificate can be obtained in a time span of 6 to 8 weeks.

What is the validity of an LTC?

The certificate is valid from the date of issuance till the end of the financial year for which it has been applied.

Will the same LTC be valid, if the buyer is changed?

Please note that the LTC is specific to the buyer. If there is a change in the buyer after obtaining the LTC, the original certificate will no longer be valid. Instead, a new LTC must be obtained that includes the name of the new buyer.

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