07 October 2024
Hi All, I doubt on TDS applicability in the below scenario: Property : apartment booked prior-construction and will be registered post construction. Land cost: 8L Construction:41L Total : 49L GST : 5% Total of GST: 51.45L Seller: pvt company Buyer : join owner(husband & wife)
Question: 1.Whether TDS PROVISION applicable for purchase value based on net (49L) or gross (51.45L) 2.Whether TDS CALCULATION applicable based on net (49L) or gross (51.45L) 3.As buyer is joint owner, the limit is considered based on each buyer wise also or only the total property value wise? 4.Whether TDS applicable in the above scenario
07 October 2024
Whether there is single agreement inclusive of land cost? or there are two different agreements of land and construction agreement separately?
CAclubindia
