Easy Office
LCI Learning

Tds on immovable property

This query is : Resolved 
Profile Image

Profile Image

(Querist)
14 June 2013 Assessee entered into agreement for purchase of property, payment being construction linked. dat of agreement 15 may, 2012

this tds provision came into effect from 1st june, 2013..

so from now on whatever amt is being paid will be subject to tax deduction?
Profile Image

CA Pooja Agarwal

Profile Image

CA Pooja Agarwal (Expert)
14 June 2013 if the amt involved is more than 50 lakhs tds provisions apply..
Profile Image

CA Kapil Verma

Profile Image

CA Kapil Verma (Expert)
14 June 2013 if you are going to pay more than 50 Lac after 1st june 2013, then need to deduct TDS.
Upgrade to CAclubindia Pro. Subscribe Now!

Profile Image

rohit

Profile Image

rohit (Querist)
05 December 2013 Thank you all

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

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links