Whether section 194IA will be applicable for property purchase amounting to 70 lacs but having two different deeds in the same mall having amount 35 lacs each. It is to be noted that the seller is same.
Prateek (Accounts Manager) (58 Points)
18 May 2017Whether section 194IA will be applicable for property purchase amounting to 70 lacs but having two different deeds in the same mall having amount 35 lacs each. It is to be noted that the seller is same.
P C Agrawal
(Registered independent director Past Chairman of Aurangabad Chapter of ICSI Practicing Company Secretary at Aurangabad)
(8229 Points)
Replied 20 May 2017
Pl refer attached article on the subject.
Thanks
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