Old building Sold

TDS 135 views 1 replies
One old building was sold to a contractor for RS 1lakh. In my opinion TDS will not be applied because there is no payment to the contractor. 

What do you think?
Replies (1)
not applicable, tds on sale of property is applicable only when the value of the property exceed 50L. in that case tds is yo be deducted @ 1%


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register