Bring legal, tax and banking advisers in early
Have advisers determine your applicable residential status, withholding obligations, transaction documentation and remittance route. The treatment of a non-resident seller must not be inferred from a resident-seller example. Ask for a transaction-specific calculation and the current procedure before agreeing the payment schedule.
Make the sale inventory explicit
List the fixtures, automation equipment, remotes and warranties included in the agreement. Record which subscriptions are transferable and which require a new account. Agree how saved camera footage, access permissions and personal data will be handled before possession changes.
Close access as carefully as the paperwork
Arrange a demonstration for the buyer and a controlled transfer of owner accounts. Revoke old caretaker and installer access when appropriate, following manufacturer instructions and the sale agreement. Keep transaction records with your advisers. Nexoforma provides preparation guidance; it does not arrange remittance, calculate tax, hold sale proceeds or represent either party.
Current information to check
From April 2026, the new Income-tax Act introduces the tax-year framework described by the department. Historical section numbers and forms may relate to earlier periods; confirm the applicable procedure with a chartered accountant.
Income Tax Department: scope of the new Act ↗Sources reviewed on 9 September 2026. Confirm later changes and the requirements for your specific project.
Your enquiry checklist
- Current written legal, tax and bank advice
- Included equipment and service-contract inventory
- Agreed account and recording-data handover
- Access removal and signed possession checklist
Professional checks and official references
Property, tax and authorisation requirements depend on your circumstances. Use this page to prepare questions for an Indian property lawyer, chartered accountant and authorised-dealer bank.
Continue planning
Bring your brief to Nexoforma.
Research and initial enquiries are free. Independent professionals confirm availability, scope, pricing and delivery. Your details are shared with a named provider only after additional permission.
Discuss this project ↗Living abroad without an Indian mobile number? Email contact@nexoforma.in with the Indian property city, project stage and your preferred time zone. Do not attach identity or financial documents.