50 lksh immovable property
Purusothaman Raja (196 Points)
26 December 2022which return i need to file ? and we need debit the tds anything .
Purusothaman Raja (196 Points)
26 December 2022
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177896 Points)
Replied 26 December 2022
ITR need to be filed as per his income details.
TDS u/s. 194Ia will be applicable on the purchase of any property, including land for Rs. 50 lakhs or above.
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177896 Points)
Replied 27 December 2022
As said earlier, what are income heads?
e.g. salary, capital gain, rental income etc...
Based on these, ITR can be decided; not just on purchase of property.