Tds 194ia
This query is : Resolved
dharampaca
(Querist)
21 June 2013
A Builder, Partnership firm purchasing land valued at more than Rs. 20 lacs in the name of partner due to some technical reason. However, It is mention in the Deed that the Firm will purchase land in the name of partner and such land will be considered as the stock of the firm.
Now, The registration will be in the name of partner.
Who is liable to deduct TDS ? FIRM or Partner.
Now, The registration will be in the name of partner.
Who is liable to deduct TDS ? FIRM or Partner.
Rupesh Jain
(Expert)
22 June 2013
tds on which amount ?
Message likes :
1 times
dharampaca
(Querist)
23 June 2013
Sorry, Land value more than Rs. 50 Lacs.
Rupesh Jain
(Expert)
26 June 2013
land purchase by parter after that he give to firm
then partner will be responsible
then partner will be responsible
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