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TDS Deduction on Purchase of Property

This query is : Resolved 

07 July 2020 Dear Sir,
If a property costs Rs. 1.00 Crore, but it has 5 five Partners having the share of Rs. 20.00 Lacs Each. And the property has no partition. In this case how one could deduct TDS on Property U/s 194IA @ 1% (0.75% - As Per Covid-19 Rule).

In this case TDS will deductible or Not??

Note : Property will purchase through single registry.

07 July 2020 https://www.caclubindia.com/experts/tds-on-purchase-of-immovable-property--2796564.asp


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