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TDS on property

This query is : Resolved 

Dear All,

There is transaction in which capital asset being land is transferred by a non resident to a non resident whether TDS u/s 194IA @ 1% is required to be deducted or not.

Please take above into consideration as soon as possible.

Thanks & Regards

TDS u/s 194-IA will not apply to Non- Residents. However, Provisions of Section 195 will apply.

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