TDS ON SALE OF PROPERTY 194IA
This query is : Resolved
12 August 2025
FLAT VALUE = 65L
POSSESSION CHARGES IS SEPARATE (CLUB CHARGES , PARKING & POWER BACK UP CHARGES) 5L
1)TDS DEDUCT @1% ON 65L = 65K OR
2) TDS DEDUCT ON 70L = 70k
Please suggest.
POSSESSION CHARGES IS SEPARATE (CLUB CHARGES , PARKING & POWER BACK UP CHARGES) 5L
1)TDS DEDUCT @1% ON 65L = 65K OR
2) TDS DEDUCT ON 70L = 70k
Please suggest.
12 August 2025
TDS DEDUCT ON 70L = 70k
The definition of "sale consideration" includes extra charges like club membership, parking, utility, or advance maintenance if these are paid as part of the property transaction.
The definition of "sale consideration" includes extra charges like club membership, parking, utility, or advance maintenance if these are paid as part of the property transaction.
23 September 2025
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