Section 194ia

This query is : Resolved 

17 June 2013 SIR,

1.SELLER IS ONE(1)
2.PURCHASER ARE FOUR(4)
3.COST OF PLOT IS 1.70 CRORE
4.SALE DEED IS ONE
4. WEATHER PURCHASER ARE LIABLE TO DEDUCT
1% TDS WHILE INDIVIDUALY THERE SHARE IS FOR LESS THEN 50 LAC IN AMOUNT, HOWEVER THERE IS ONE SALE DEED.

PLEASE GUIDE

WITH REGARDS

GUNJAN GARG

17 June 2013 yes You need to deduct TDS , No matter how many co-purchaser available.

Please refer following Link.

https://www.caclubindia.com/experts/tds-u-s-194-ia-in-case-if-joint-owners-1336119.asp



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

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries