Hi All
Please let me know the amount of TDS deductible on the following
1. The property value is 1.5crore
2. There are 2 co-owners with 50% share each
3. The payment however would be done from only 1 person in 3 installments
Let me know the amount of TDS and whether both people have to pay or only the person who is making the property payment? Also when is TDS to be paid? It has to be deducted from 1st installment or from remaining installment and how much?
CAclubindia
