194 ia clarification
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
07 July 2013
Hi All
I know there is applicability of 1 % TDS on the value the property if the consideration is above RS 50 lakhs. whether this 1% is applicable for difference between sale consideration and 500000 value or it is on full value of the consideration . Please advice .
I know there is applicability of 1 % TDS on the value the property if the consideration is above RS 50 lakhs. whether this 1% is applicable for difference between sale consideration and 500000 value or it is on full value of the consideration . Please advice .
07 July 2013
TDS to be deducted on full value. The limit is threshold limit and once the limit of Rs 50 Lac crossed TDS to be deducted on full value.
Querist : Anonymous
Querist :
Anonymous
(Querist)
07 July 2013
Hi
Thank you Very much
Thank you Very much
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