Govt buys property


This query is : Resolved 

(Querist)
24 May 2014 govt purchases 2 storeyed building for official purpose now my question is whether any tax need to be deduct from the amount to pay to beneficiary

Rupesh Jain (Expert)
24 May 2014 if amount RS. 50 lacs then you have to deduct the TDS 1% u/s 194IA


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