banner_ad

194 ia

This query is : Open 
Profile Image

Profile Image

(Querist)
09 July 2013 I have entered into two agreements with Builder i.e., one for Agreement for sale of land and another one for agreement for construction of flat. If i club both considerations, it is more than 50 lacs. (Individually they are less than 50 lacs). And registration was done as per value of Agreement of sale i.e., less than 50 lacs. In such a case, whether am i liable to deduct TDS under Section 194 IA as the total consideration paid to builder is crossing Rs.50 Lacs? Can any one clarify this at the earliest?
Profile Image

V K Bajaj

Profile Image

V K Bajaj (Expert)
10 July 2013 Sale of Land does not attract any TDS. So consider TDS factor by excluding SALES.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details
Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details
Company
14 May 2026
Senior Accounts Executive

Karan Gupta & Co.

New Delhi

Graduate (Any)

View Details
Company
11 May 2026
AUDIT INTERN

M/S K.K.KHANNA AND COMPANY

Noida

CA Foundation

View Details
Company
22 May 2026
Sr. Financial Analyst - Consolidation

Search Synergy

Mumbai

CA

View Details
Company
14 May 2026
ICSI Trainees for 21 Months and Semi-Qualified CS

CMNITY HIRE

New Delhi

Others

View Details
Company
ARTICLESHIP 14 May 2026
CA ARTICLE

PRAVEEN GARG & CO

Faridabad

CA Foundation

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details