Hi!
A commercial land has been purchased by a public limited company from a state government undertaking worth Rs 2 crores. Is TDS required to be deducted @ 1% U/S 194IA being payment to be made to government.
Vikas Gupta (Tax Executive) (530 Points)
26 February 2022Hi!
A commercial land has been purchased by a public limited company from a state government undertaking worth Rs 2 crores. Is TDS required to be deducted @ 1% U/S 194IA being payment to be made to government.
CA Aakarsh Jain
(CA)
(10223 Points)
Replied 26 February 2022
sabyasachi mukherjee
(26197 Points)
Replied 27 February 2022
CAclubindia
