Section 194ia tds on immovable property
This query is : Resolved
06 June 2014
property of Rs. 14900000 purchased.
sale agreement made on 01 july 2013.
payment of Rs. 14200000 done before 01 june 2013.
now remaining payment of rs. 700000 paid on 30th may 2014. on payment of rs. 7lac he will get the possession.
query:
1. whether tds under section 194IA is applicable on above transaction?
2. if yes then tds to be deducted on entire agreement amount or only on balance amount paid on 30th may 2014?
06 June 2014
for the payments made after 1 June 2013 TDS shall apply.
07 June 2014
all the payments after 1.6.2013 are covered by this section.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- ADT-3 AND ADT-1
- Itr .….......
- FOREIGN GAIN AND LOSS
- Mvat Reurn filling for Restaurant & Bar
- Nomination son
- E-way bill issue with two invoice
- Exemption u/s 10(23C)(iiiad) by ITAT
- IRN was not generated for October-2025 Invoice but generated e waybill, now it is self identified,
- RCM RELATED QUESTION
- POSH Registration
- Regarding selling goods
- Applicability of E Invoicing if turnover exceeds rs 5 cr
- GST ON FREE SAMPLE
- Formation of company by advocate
- Regarding GSTIN Cancelled suo-moto
- GSTR-3 RELATED ITC
- ITC on Construction of Warehouses
- Filing of STK-3 in State other than company registered Date
- GST Rate on Rent a Car Business
- TDS PROVISIONS FOR NRIS
Trending Online Classes
-
Online GST Course - Master the Fundamentals of GST with Practical Insights
Ruhi Joshirao19 January 2026
CAclubindia
