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Tds on purchase of property

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(Querist)
22 April 2015 We have purchased a second hand factory building for our business purpose for Rs 1.75 crores do we have to deduct tds at 1% on this amount or is this is not applicable to us
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CA. SHIVA SHANKARA R. SHETTY

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CA. SHIVA SHANKARA R. SHETTY (Expert)
22 April 2015 you have to deduct the tds

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