Articles by Prateek Manocha
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Tax Deduction on Purchase of Immoveable Property
Posted by Prateek Manocha
28 June 2013
14198 Views
This provision is applicable on transfer of immoveable property of Rs. 50 lacs or more. It requires TDS to be deducted at 1% of the price being paid by the purchaser of an immoveable property, irrespective of quantum of capital gains. If the seller d
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