22 February 2014
If a company is in the business of Construction of Residential Complex than if it purchases land worth 60 lac than is ot required to deduct tax @ 1% u/s 194IA ????
22 February 2014
Dear Jay as per sec 194IA any person being a transferee responsible for paying to a resident transferor by way of consideration rs. 50 lakh or more he has to deduct TDS @ 1%. There is no exception to the builder or real estate agent
24 February 2014
Sir, I have made part payment so am i required to deduct TDS on every payment or can i deduct full amount of TDS on the last payment???
CAclubindia
