Tds on property sale (cost 15 lacs)


This query is : Resolved 

11 September 2013 My client has purchased property (costing 50 lacs or more. He makes payment by Installment to Builder. Installment includes service tax and some time late payment interest. So, in which amt. TDS @1% is required to deduct ? Only Basic amt. or gross amt. of installment.

14 November 2014 tds will be deducted on the amount exclusive of service tax amount...

14 November 2014 tds will be deducted on the amount exclusive of service tax amount...

14 November 2014 tds will be deducted on the amount exclusive of service tax amount...


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