what is the amount limit of tds for land purchase payment

Nishu Kotian (332 Points)

02 February 2019

purchase of land what is the limit of tds deduction 50 lac more amount ?

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Sanjiv Rajpoot (3430 Points)
Replied 02 February 2019

TDS deducted by the buyer at the payment yo supplier and deposit within 30 days from end of the month in which tds deducted

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Nishu Kotian (332 Points)
Replied 02 February 2019

buyer payment 30 lac any tds deducted ?

1 Like

Sanjiv Rajpoot (3430 Points)
Replied 02 February 2019

No tds to be deduct

4 Like

Nishu Kotian (332 Points)
Replied 02 February 2019

then what amount limit tds deducted

Atif Khan (151 Points)
Replied 02 February 2019

1% if the value is above 50lakh

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