banner_ad

Tds on sale consideration

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
26 June 2012 SIR, ONE OF MY RESIDENT CLIENT,INTENDS TO PURCHASE THE HOUSE PROPERTY FOR THE VALUE OF Rs.1.5 CRORE,IS MY CLIENT DUTY BOUND TO DEDUCT THE TAX (TDS) FROM THE SALE CONSIDERATION?

PL CLARIFY
Profile Image

CA Siddhartha Bhardwaj

Profile Image

CA Siddhartha Bhardwaj (Expert)
26 June 2012 The provision requiring buyer to deduct TDS at the time of purchase of property has been dropped and has NOT been made applicable.

Accordingly, the buyer is NOT required to deduct TDS.
Profile Image

CA PRAVEEN SINGH

Profile Image

CA PRAVEEN SINGH (Expert)
26 June 2012 NO TDS IS DEDUCTED ON SALE CONSIDERATION.
Profile Image

C.A Anshul Singhal

Profile Image

C.A Anshul Singhal (Expert)
26 June 2012 yes I am agree With Praveen Singh.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details