Wealth tax
This query is : Resolved
16 April 2014
who should pay wealth tax, either a buyer of property or seller of that property or both, if the total deal amount is cross the limit of 50 lacks.
16 April 2014
Its not wealth tax its TDS ..
TDS is required to be deducted by buyer while making payment to the seller if the sales consideration exceeds Rs. 50 lacs
TDS is required to be deducted by buyer while making payment to the seller if the sales consideration exceeds Rs. 50 lacs
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