Stamp duty value date for 194IA

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This discussion clarifies which stamp duty value date to consider for TDS deduction under Section 194IA when the agreement date and the transfer date are different. If an advance payment was made via cheque or bank transfer and TDS was deducted on that amount, the agreement date is generally used. Otherwise, the date of the sale or transfer deed should be considered.

gauri agrawal

gauri agrawal (Querist)

07 September 2022 for section 194IA tds is required to be deducted on higher of stamp duty value or consideration, but in case where the date of transfer and date of agreement is different then which stamp value should be considered. Please guide.

Dhirajlal Rambhia

Dhirajlal Rambhia

(Expert)

07 September 2022 If Agreement was registered with any advance tax paid by cheque/ bank transfer, you should have deducted TDS on the advance amount itself.
In such case the date as per agreement would be valid. Otherwise consider date of sale/Transfer deed.

gauri agrawal

gauri agrawal (Querist)

07 September 2022 Thanks sir For reply

Dhirajlal Rambhia

Dhirajlal Rambhia

(Expert)

07 September 2022 You are welcome..

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