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Tds on captal gain

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Querist : Anonymous

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Querist : Anonymous (Querist)
10 June 2015 hello sirs n madams
my query is;if transaction value on immovable property is more than rs.50 lakhs
but exemption of capital gain u/s 54 EC is to be availed, then TDS @ 1% is liable to be deducted?

10 June 2015 irrespective of exemption , TDS IS TO BE DEDUCTED COMPULSORY.

CA Kapil Verma
Founder- www.taxadvizer.com

11 June 2015 tds to be deducted u/s 194IA its on sale value not on the profit.


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