Section 194 la


This query is : Resolved 

11 April 2014 What is section 194LA? When is it applicable?

Rupesh Jain (Expert)
11 April 2014 if any person give exceeding rs. 200000/- agst immpovable property (other than agriculture land) to a resident then he is liable to deduct tds 10% u/s 194LA


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