banner_ad

Non compliance of sec. 194ia of i.t.

This query is : Resolved 

23 March 2015 SIR,

MY CLIENT PURCHASED A PROPERTY OF RS 60 LACK. BUT HE IS NOT DEDUCTED THE TDS ON PROPERTY. SO WHAT TO DO...........

23 March 2015 now he must deduct and pay tds @1% and int shall also be applicable for late deduction and late payment

23 March 2015 SIR,

BUT DEAL IS FINAL AND ALL PAYMENT HAS BEEN MADE. AND SELLER NOT AGREE TO GIVE AMOUT EQUAL TO TDS. SO, WHAT WE DO............

23 March 2015 buyer need to deduct from the payment before full amount is paid to seller and must pay it to it dept.

23 March 2015 Then you are liable to pay that amount with interest.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query



Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details