Tds infomation about sec 194ia

This query is : Resolved

mangesh sureshrao bakhade (Querist)
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11 January 2016 dear sir,
my client purchase property Rs. 3 cr. in this propety there is 3 seller suppose A,B,C, & Share of "A" is rs 3 cr ,Share of "B" is Rs. 25 Lac & Share of "C' is Rs. 25 lac. Now my question is whether purchaser "B" & "C" is liable for tds .

please reply
Thanks & Regards

Jaspal Singh

Jaspal Singh (Expert)
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11 January 2016 Are there three sellers?

CA PARAS BAFNA

CA PARAS BAFNA (Expert)
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11 January 2016 TDS is required to be deducted where consideration for the transfer of an immovable property is 50.00 lacs or more. The limit is based on consideration of property. Your client has to deduct TDS of all the vendors i.e. A, B & C.

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