House property total sale value 97000000 out of which 20Lakh paid to seller(Lady) on feb 23. Seller is a Lady and her husband is no more. She has one son and one daughter. How tds should be deducted and in whose name.
Is it mandatory to deduct tds on son and daughter name?
If so how the total sale value to be divided among three and what will be tds amount?
4 Replies
CA ABHAY GUPTA
(Practice)
(3230 Points)
Replied 04 April 2020
Check on whose name property is registered.. I think it might be in the name of lady thus whole of the TDS will be deducted on her account...
CA ABHAY GUPTA
(Practice)
(3230 Points)
Replied 04 April 2020
Husband in no more how can be deduct tds on his account.
Divya Priya
(student)
(333 Points)
Replied 04 April 2020
97 lakhs will go to that lady , her son and daughter . so for them tds to be deducted right??
Recent Topics
- Iska djd djrbdsjebshe sir ur rei ejr reinr the jr
- GST registration for medical shop in Karnataka
- Hsshs me know if you are free number of the
- Chu Kang and the situation of the situation and I
- How to reverse wrong transaction payment in phonep
- Paytm wrong transaction
- How to reverse wrong transaction payment in phonep
- Issue with refund for person who has filed for rel
- How to take ITC for October 2024 GST Payment in PM
- How to refund a wrong transaction Phone Pe?
Related Threads
CAclubindia
