24 June 2013
As per New Section 194 IA any Immovable property purchased after 1/6/13 and consideration for the transfer of imm Property is more than 50 lacs then 1% TDS is required to be deducted by purchaser of Property
my query is if i made part payment before 1 st jun 2013 and other part payment after 1 st jun then on which amount i have to deduct the TDS ?
CAclubindia
