Jointly purchase of property from NRI
Devina (Article) (111 Points)
12 April 2021
in case of purchase of property jointly from NRI, can any one of the purchaser deduct and pay TDS?
5 Replies
CA. Sourav Sarkar
(Chartered Accountant )
(24583 Points)
Replied 12 April 2021
TDS should be jointly Deducted
bkp
(self-employed)
(81 Points)
Replied 06 September 2021
What will be the status if all the payment is coming only from the 1st Buyer's account, and the 2nd (Joint) buyer is added as a Joint owner (eg Wife's name added as joint owner, but all payments from husband's acount).
Will TDS still have to be deducted by Both?
bkp
(self-employed)
(81 Points)
Replied 06 September 2021
What will be the status if all the payment is coming only from the 1st Buyer's account, and the 2nd (Joint) buyer is added as a Joint owner (eg Wife's name added as joint owner, but all payments from husband's acount).
Will TDS still have to be deducted by Both?
Recent Topics
- Misplace society Bye law
- Submit ommited invoice of previous year
- Need your valueble insight
- GSTR-9 Invoices
- Agricultural Business Loss
- Reporting in gstr9 of ITC of Previous year reverse
- Tax on Reimbursement of House Rent
- MAHARASHTRA CHARITY COMMISSIONER WEBSITE
- Explanation 3 to section 11(1) read with section 4
- Ammendment in Partnership On Death of Partner and
Related Threads
CAclubindia
