TDS on Purchase of Property under IT Act,1961

CA S K MISHRA , Last updated: 05 March 2024 Share Follow on Google News

Finance Act, 2013 has introduced Sec 194-IA which provides for deduction of tax at source in case of payment of sale consideration of immovable property (other than rural agricultural land) to a resident transferor w.e.f 1st June 2013. It is the responsibility of the buyer to deduct TDS if the tr

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CA S K MISHRA

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FCA , FCMA ,MBA(Fin) , M.Com (Gold Medallist), LL. B, CIPM , Investment Analyst Portfolio Management. CA. S K Mishra, possess more than a decade of experience in all facet of finance domain. He possess expertknowledge on Direct Tax ,GST Capital Market. Hisarticles on Finance , Accounts,Corporate allied Laws G ... Read more

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