Tds on 194ia
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
28 June 2018
Hi,
Please confirm
1)ITDS is applicable if I am purchasing a flat from NRI owner , value is more than Rs.50 Lakhs?
2) Normally TDS is calculated on what value, inluding registration charge and deposits amounts?
Please confirm
1)ITDS is applicable if I am purchasing a flat from NRI owner , value is more than Rs.50 Lakhs?
2) Normally TDS is calculated on what value, inluding registration charge and deposits amounts?
28 June 2018
1) No, because transferor is an NRI.
2) 194 IA , if applicable, has to be on the consideration mentioned in the transfer
document.
2) 194 IA , if applicable, has to be on the consideration mentioned in the transfer
document.
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
- Taxable or Tax exempt
- CAPITAL GAIN BASE ON NOTIFICATION
- Form 140 tds
- TDS Deducted AY-2013-14 Not Reflected in 26as
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- ADVANCE PAYMENT OF ADVOCATE
- NRI starting business in India
- Demand Outstanding AY 2013-14 TDS Deducted not shown in 26as
- Invertaded duty struture
- CREDIT NOTES WITHOUT GST
- 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
- LLP audit under companies act
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
