Easy Office
Easy Office

Tds on property

This query is : Resolved 
Profile Image

Profile Image

(Querist)
16 August 2013 RESP. SIR/ MADAM,

HELP ME TO COME OUT FROM A SITUATION WHERE THERE IS A AGREEMENT OF SALE OF PROPERTY WHICH IS CO-OWNED BY TWO PARTIES & CO-OWNED BY PURCHASER AND VALUE OF PROPERTY IS 80 LAKHS. WHETHER TDS LIABILITY IS LEVY OR NOT?
Profile Image

C A S.S.Agarwal, M.Com.,LL.B,

Profile Image

C A S.S.Agarwal, M.Com.,LL.B, (Expert)
16 August 2013 Yes there will be 1% TDS and both the co-owners can claim the TDS as per section 199/200

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


CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links