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Section 194IA of IT Act, 1961 - TDS on Sale of Immovable Property



Section 194IA - Applicability Section 194IA is inserted by Finance act 2013 and it is applicable from 01st of June, 2013. A person who is purchasing any immovable property (other than agricultural land) from a resident is required to deduct TDS @1% from the amount payable. On Installmen
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