CA Day celebration 2024 Easy Office
LCI Learning

TDS ON PROPERTY

This query is : Resolved 

26 September 2020 I HAVE PURCHASED AN IMMOVABLE PROPERTY FOR RS.90 LACS FROM A SINGLE PERSON AND TWO SALE DEEDS FOR RS.45 LACS EACH ARE TO BE EXECUTED ON DIFFERENT DATES FOR THE SAME PROPERTY.

SHOULD I DEDUCT TDS U/S 194IA @ 0.75% ON THESE TWO SALE DEEDS OR NOT TO DEDUCT AS THE VALUE OF EACH SALE DEED IS LESS THAN RS.50 LACS.

26 September 2020 No, since, the value mentioned in each sale deed is less than Rs. 50 lakhs.

27 September 2020 Not required as value is less than 50 l




You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries




Answer Query