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                   208062 Points
                   Joined July 2016
                
               
			  
			  
             
            
             Buyer has to madatorily deduct TDS u/s. 195 of IT act,  @  20.8% over sale proceeds (here 45L), for long term holding i.e. 2 years of more; (or at 31.2% for short term holding); unless the seller obtains lower deduction certificate from his Jurisdictional ITO. & obtain TAN to deposit the TDS....
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