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194ia

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(Querist)
27 February 2014 whether tds has to be deducted u/s 194ia if buyer is individual and no under audit for last f.y. and also current year
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Sanket

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Sanket (Expert)
27 February 2014 According to rules in respect of tax deducted at source, buyer of the property would have to deduct the TDS and deposit the same in Government treasury.The Buyer is required quote his or her PAN and sellers PAN.

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