Dear sir,
Just wanted to xonfirm, if I bought a house of Rs. 1cr, Do I have to show mentioned at the time of filing of return?
thanks
3 Replies
Navin Agarwal
(354 Points)
Replied 18 June 2019
you have to deduct the TDS at 1 percent and the same will get reflected in form 26AS
sundhar jkn
(205 Points)
Replied 18 June 2019
1% TDS should be deducted by the buyer of the property other than agricultural land if consideration is above 50 lakhs as per section 194IA
Rahul Varma
(Asst. Manager-FInance )
(61 Points)
Replied 19 June 2019
thank you for reply.
I have already deducted but I am in doubt that do I have to mention in ITR of purchase of property? if yes, in which column. regards
I have already deducted but I am in doubt that do I have to mention in ITR of purchase of property? if yes, in which column. regards
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