CA Akshay Somani (CA) (79 Points)
09 August 2016What is the liabilty(like to deduct TDS and etc.) of buyer in immovable property transaction if he pays more than 20000 in cash. and the provision of section 269ss and 269T is applicable on buyer or not?
HAFIS RAHMAN .P.K
(ppkk and associates)
(56 Points)
Replied 09 August 2016
HAFIS RAHMAN .P.K
(ppkk and associates)
(56 Points)
Replied 09 August 2016
CA Akshay Somani
(CA)
(79 Points)
Replied 10 August 2016
Hello Hafis,
Section 269SS and 269T both applicable on cash transaction in Immovable property from 01.06.2015 (as amended).
CAclubindia
