Tds on sale of immovable property
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
11 March 2014
What will be the procedure to deduct the tax in a case when the 10% payment is made at the time of agreement to sell and final payment(90%) after disbursement of loan by bank. Is the proportionate tax is required to be deducted at the time of both payment or at the time of final payment, the full tax is required to be deducted?. Thanks for reply in advance.
11 March 2014
at every time payment is made tds needs to be deducted by the buyer itself.
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