23 January 2014
suppose private company sells a office of Rs. 52 lacs. It includes service tax, vat, parking fees, electricity all including Rs. 300000 etc. So whether TDS u/s 194IA is applicable on Rs. 52 lacs or not?
24 January 2014
So all other exps. like VAT, society entrace fees, Stamp duty etc. should be added in basic price of property and TDS be levied? I read Section 194IA, but clarification as to value has not been given.