T.d.s. on sale of property
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
02 August 2013
A person made agreemnent for purchase of property on 01.04.2013 for Rs. 5448000/-.
He makes following payments:
20.04.2013 rs. 15,00,000/-
20.05.2013 rs. 30,00,000/-
20.06.2013 rs. 9,00,000/-
20.07.2013 rs. 48,000/-
now he want to get registered the property in his name.
my quary is that:
1. Whether T.D.S. is applicable on whole amount of rs. 54,48,000/- paid on different dates as above??
2. He has to dedecut T.D.S. on the payments made on or after 01.06.2013?
plz provide valuable suggestion.
He makes following payments:
20.04.2013 rs. 15,00,000/-
20.05.2013 rs. 30,00,000/-
20.06.2013 rs. 9,00,000/-
20.07.2013 rs. 48,000/-
now he want to get registered the property in his name.
my quary is that:
1. Whether T.D.S. is applicable on whole amount of rs. 54,48,000/- paid on different dates as above??
2. He has to dedecut T.D.S. on the payments made on or after 01.06.2013?
plz provide valuable suggestion.
02 August 2013
your case is debateable as there is no clearity if before 1.6.2013 payment you made needs to deduct tds by seller or not.
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