22 November 2019
Dear Sir, Could you please provide me some education on the below scenario and questions....
> "A" mortgaged his property to "B" (NBFC) and failed to pay. > "B" (NBFC) auctioned the property and sold to "C"
Questions: ? Does "C" need to deposit TDS U/s. 194IA in the account of "A" or "B" ? ? Will Capital Gain attracts the above transaction, if yes who needs to declare the income/loss?
CAclubindia
