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.
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