Tds on property


This query is : Resolved 

26 December 2014 If agreement is Rs. 65 L which we have to pay within next two years as per schedule mentioned in agreement. In this regards, can we deduct one time TDS on entire agreement value i.e 1% of 65 L while making first payment? say, Rs. 500000/- Less TDS Rs. 65000/-

27 December 2014 Yes , you can deduct TDS on entire agreement value.






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