Tds on sale of property
This query is : Resolved
30 April 2018
I have sold a house property for 90 lakh.. I have received 27 lakh in cash as first installment.. Can I deposit tds on full amount 90 lakh @1% in form 26QB. or I have to deduct TDS payment wise.. first on 27 lakh.. then on the remaining amount... Basically the issue is that can I deposit full amount of TDS on 90lakh in 26QB but I have received on 27 lakhs yet in cheque.. Pls Advice
30 April 2018
Deduct according to payment wise.
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