TDS - 194-IA
This query is : Resolved
Quick Summary
22 August 2025
Hi team,
We were purchased a land on 21st March - 2024 - we paid to the landlord of 51,00,000 lakhs - Without deducting the TDS, now we scrutinize the ledger and got to know that - we are liable to pay the TDS at 0.1%, Rs.51,000. My question is like this.
1.What is the Late fee - If yes - what is the amount
2.What is the interest charges - What is the amount.
Kindly confirm it at the earliest.
We were purchased a land on 21st March - 2024 - we paid to the landlord of 51,00,000 lakhs - Without deducting the TDS, now we scrutinize the ledger and got to know that - we are liable to pay the TDS at 0.1%, Rs.51,000. My question is like this.
1.What is the Late fee - If yes - what is the amount
2.What is the interest charges - What is the amount.
Kindly confirm it at the earliest.
22 August 2025
Refer::: https://cleartax.in/s/how-to-file-tds-on-sale-property
https://www.bajajfinserv.in/tds-on-property-purchase-above-50-lakhs-section
https://www.bajajfinserv.in/tds-on-property-purchase-above-50-lakhs-section
Message likes :
1 times
22 September 2025
Good luck..
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
- TDS on Consultancy- Non DTAA
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Depreciation of fixed assets- coop housing society in mumbai
- Eway bill generation from place other than registeted
- Query – TDS on purchase of land from NRI under Income-tax Act, 2025
- DIN reactivation
- Condonation . E-Verification of last year return .
- GST rate and HSN code for sale of racing horses
- Management System (IMS)
- TDS Return Q1 FY 2026-27
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
