Tds on property

This query is : Resolved

dipendra jagannath kuvalekar (Querist)
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04 December 2014 We purchased Property of Rs. 1 cr. Then We took loan from financial company.
Our Company paid payment to property purchased party through financial company.

We Deduct Tds on property from which company?

Property Purhcased party or
Financial Company.

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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04 December 2014 those who are seller u need to deduct the tds from the sale consideration u pay to it.

Amol S Joglekar

Amol S Joglekar (Expert)
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04 December 2014 Who is the PURCHASER in all these...

The purchaser has to deduct TDS.

dipendra jagannath kuvalekar

dipendra jagannath kuvalekar (Querist)
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04 December 2014 Thanks for Reply

Dear Tushar & Amol

There is Three Party In Transaction
We are Purchaser, Second :- Sale Party.& Third is the Loan Party?

My question is Can we deduct Tds on Property of Sales Party Or Loan Party?

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