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Tds on sale of property

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Querist : Anonymous (Querist)
15 May 2015 how to deposit tds on sale of property
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CA Amit Talada

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CA Amit Talada (Expert)
15 May 2015 it is applicable only in case of sale consideration exceeds 50,00,000 and land is not an agricultural land...but before you pay lumpsum amount or an installment deduct 1% TDS and pay the balance amount. refer 194IA for details.

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