06 February 2016
what is the rate of TDS under section 194IA and 194C for different assesees, please tell me the provisions of section 194IA, in short.
06 February 2016
u/s 194C TDS deducted 2% if Applicant is not Individual /HUF , 1% if Applicant is Individual & HUF Any sum paid by way of consideration for transfer of any immovable property (other than agricultural land) is covered under section 194-IA, provided the consideration for transfer of an immovable property is not less than Rs. 50 lakhs. TDS to be deduced 1%
CAclubindia
