if a buyer buy a property ₹6000000 and liable to deduct TDS @ 1% and make payment in 6 installments then he is liable to deduct TDS on the value of the property i.e., ₹6000000 or on the amount of installment that is paid i.e., ₹1000000 ?
if he is liable to TDS on installment amount, then should he deduct TDS on payment of each installment ?
Buyer can deduct 1% TDS on each installment.
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