Whether TDS @ 1% is deductible on TDR?
Ketan Lathia (CA Practice ) (125 Points)
15 September 2015Whether TDS @ 1% is deductible on TDR?
Rashi Bajaj
(CA)
(752 Points)
Replied 15 September 2015
TDS is on transfer of immovable property, not development rights. Therefore, no TDS applicable.
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)