Tds
This query is : Resolved
22 March 2016
Respected Sirs/Madams,
Our
property seesed by a Natiinal Bank and auctioned by them.In on one gentleman purchaged it for Rs.20000000/-.Is puchager responsble to pay TDS at the time of payiig the sale concederation? Both are recedent Indians. Please clarify.
With Regards,
BALU
Our
property seesed by a Natiinal Bank and auctioned by them.In on one gentleman purchaged it for Rs.20000000/-.Is puchager responsble to pay TDS at the time of payiig the sale concederation? Both are recedent Indians. Please clarify.
With Regards,
BALU
22 March 2016
Yes. Under section 194IA.
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