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Wealth tax

This query is : Resolved 

16 April 2014 who should pay wealth tax, either a buyer of property or seller of that property or both, if the total deal amount is cross the limit of 50 lacks.

16 April 2014 Its not wealth tax its TDS ..

TDS is required to be deducted by buyer while making payment to the seller if the sales consideration exceeds Rs. 50 lacs



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