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Tds on property above 50 lakhs

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Querist : Anonymous

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Querist : Anonymous (Querist)
29 May 2013 Dear All,

Please let me know whether the buyer needs to take TAN registration if he purchases property above RS.50 Lakhs?

Also, how will the buyer deduct TDS if he makes the payment on installment basis?

29 May 2013 No TAN required. Detailed procedures will be coming soon.



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