Hi everyone,
Please inform me is there any TDS to be deducted on Real estate business invoice???
Surya Jain
(Student)
(944 Points)
Replied 17 December 2008
yeh, I also want to know
Thanks in advance
CA Tilak Raj Sharma
(Practising CA in Solan (H.P.))
(6374 Points)
Replied 17 December 2008
Had you got any bills from property consultants in respect of property purchased?
CA Hemant T Dewani
(Chartered Accountant)
(3356 Points)
Replied 17 December 2008
real estate business mean you will give some property to others & take commisson from sellers & purchasers if the seller & purchasers debited to p&l a/c & payments are more than rs.2500/-tehn tds is to be deducted US 194H
Ravikumar.G
(Consultant)
(18525 Points)
Replied 17 December 2008
Sale of building No TDS. Construction of builing TDS will attract.
Sripada M
(CA)
(365 Points)
Replied 18 December 2008
THanks, but
Actually, what i meant for Real estate business is - When we consult real estate agency for informations like land for sale, To-Let places, etc.