Tds 1 % on property sale

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Querist : Anonymous

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Querist : Anonymous (Querist)
23 July 2013 Dear Sir,

As this query was resolved in june-12 as no TDS to be deducted. The status is same or we have i have to pay TDS. as i have sale one flat and party has hold 1 % and saying they will give me TDS certificate for the same.

23 July 2013 as per latest ammendment 1 % tds needs to be deducted for sale of property if value exceeds 50 lacs after 1.7.2013.


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