TDS on Brokerage paid for Sales of Property

This query is : Resolved 

26 December 2019 I am coming under 44AB. I have sold my residential flat and I have income under head of Long term Capital gain I paid brokerage on sales of my flat Rs. 50000/- Pl suggest me whether I should deduct TDS u/s 194H since my income forming part of LTCG and it is used for my resience

27 December 2019 Not required, as Rs.50000/- brokerage paid is not claimed as business expenditure.



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