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Tds on immovable property

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Querist : Anonymous

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Querist : Anonymous (Querist)
27 February 2016 There is transfer of immovable property of rs more than 50 lakh. but in this case individual flats value are less than 50 lakh and aggregate value is more than 50 lakh.

whether in this case tds u/s 194IA is applicable?
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
27 February 2016 if each flat is being sold separately, then no TDS shall apply.

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