TDS u/s 195 (Agreement date & Registration date)

Mehul Jain (1 Points)

13 May 2022  

Assessee purchase property from NR with below details:-

Agreement Date- 25.12.2021

Sale Consideration- 5500000

Advance payment- 2100000 (23.12.2021)(TDS not deducted)

Registration - May 2022

Balance payment- 3400000 (Yet to be released) (Lower rateTDS)

Qustion- TDS U/s 195 to be deducted in which FY & on what amount ?