Provision of section 194IA
This query is : Resolved
nithyananda.k
(Querist)
31 October 2019
Two separate properties to be purchased, one for Rs.40 Lakhs and the other for Rs.70 Lakhs. For both the properties seller and purchaser are same persons, whether Tax to be deducted on Rs.70 Lakhs only or on 110 Lakhs.
CA R SEETHARAMAN
(Expert)
31 October 2019
Tax to be deducted on 70 lacs only.
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