Tax Deduction on Purchase of Immoveable Property

Prateek Manocha , Last updated: 28 June 2013  
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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 does not have/provide a PAN, the rate of TDS wou

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Published by

Prateek Manocha
(Student CA Final )
Category Income Tax   Report

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