Is tds applicable on property purchased in respect of bank auction
This query is : Resolved
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13 October 2022
one of my client going to participate in auction to be held by bank which is more than 50 lakhs value, is it applicable to tds, if tds applicable banker to obey the same
13 October 2022
Yes, applicable unless it is agricultural land or NO TDS deduction certificate issued by ITO.
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14 October 2022
Thank you very much sir,
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14 October 2022
You are welcome..
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