One of my client is buying a flat of 75+ Lacks in Mumbai, and builder is demanding him to pay 1% TDS, so what is the procedure for the same, can anyone help me in this regard!
30 October 2014
person who is buying the flat have to deduct 1% of consideration out of consideration amount and balance amount only have to pay to seller. . . tds deducted have to be paid to govt directly in form 26QB
CAclubindia
