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Section 194ia

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Querist : Anonymous

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Querist : Anonymous (Querist)
07 November 2015 In case of joint buyers of a property costing more than Rs.50 Lakhs, is it required to remit TDS of 1% proportionately by Joint buyers or will it be OK if only the first named buyer remits the TDS of 1% on the entire amount?
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praveen

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praveen (Expert)
07 November 2015 I think it is OK if one person remits 1%

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