Tds on sale of property

This query is : Resolved

TARIQUE RIZVI (Querist)
Follow

08 December 2015 Sale Value 7,000,000
Purchase Value 6,300,000
Profit 700,000

Tds @ 1% 70,000

How to pay TDS as I don’t have TAN

Nikhil Kaushik

Nikhil Kaushik (Expert)
Follow

08 December 2015 TDS on purchase of property is paid against PAN of the buyer.

Message likes : 1 times

CA CS Jainam Shah

CA CS Jainam Shah (Expert)
Follow

09 December 2015 Yes you have to deduct and pay TDS @ 1% of total consideration. You need not required to have TAN for payment of TDS. You should go to following link and fill the form 26QB.

https://onlineservices.tin.egov-nsdl.com/etaxnew/tdsnontds.jsp

If you find any query there then you can contact me @ca.jainam@gmail.com

Message likes : 2 times

TARIQUE RIZVI

TARIQUE RIZVI (Querist)
Follow

09 December 2015 Dear Mr Jainam Shah I am highly thankful for the best guideline. Thank u very much and I hope in future too you will please guide me like this. Thank u once again yrs tarique rizvi Mumbai 982 1630 130

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

SHUBHANGI GOEL

Shailesh Prajapati

Adesh Mahajan

Angadi & Co

Jaipal Singh

Subscribe Now

Tds on sale of property

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Manager- Finance and Compliance

GST CONSULTANCY

Accountant

Article Assistant

GST CONSULTANT

CA Final