T d s to be deducted on payment for purchase of properity


This query is : Resolved 

20 July 2013 can any one help me out regarding under which section i have to deposit t d s in case where i had to deduct for payment made against purchase of immovable properity

20 July 2013 You have to deduct TDS U/s 194-IA, only when the consideration for transfer of the property exceed Rs. 50.00 lac.
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