08 December 2015
Sale Value of Property Rs 7,00,000/- Purchase value Rs 63,00,000/- Profit Rs 7,00,000/= Some one has told me that the Tds @ 1% Rs 70,000 shall be cut down on account of TDS but how to pay TDS as I dont have TAN Please guide me and oblgie
09 December 2015
Yes you have to deduct and pay TDS @ 1% of total consideration. You need not required to have TAN for payment of TDS. You should go to following link and fill the form 26QB.
CAclubindia
