Tds u/s 194ia


This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
09 January 2015 Please tell me whather TDS shall be deducted on 2 Immovable Properties purchased from same builders Both property individually having Value below Rs. 50 lacs????

For eg: if I Purchase 2 Flats from a Builder both Having Value of Rs. 30 Lacs each thus making Total Consideration of Rs. 60 Lacs to the Builder. Sale agrrement is made for purchase of each Flat individually for Value of 30 Lacs Each. Then whether I am Liable to Deduct TDS u/s 194 IA or Not.

Thanks in advance. Please Give your honorable comments.

09 January 2015 In my opinion section 194IA will not be applicable in this case since purchase consideration for none of the property exceeds Rs. 50 lakh and separate registries have been made.

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
09 January 2015 Thanks Mr. Goyal for your Answer

09 January 2015 When seperate agreement and seperate registraion is made then the value is below the threshold limit of 50 lakhs so no tds is applicable.

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
09 January 2015 Thanks Mr. Sampat for your efforts

09 January 2015 You are welcome Riddhi................


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



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
ARTICLESHIP 07 October 2026
Article Trainee/ CMA Trainee

RMA And Associates LLP

New Delhi

CA Inter

View Details
Company
30 September 2026
Senior Accountant

Codeboard Technology

Chennai

B.Com

View Details
Company
ARTICLESHIP 20 October 2026
CA ARTICLE

AMKN & CO

Noida

CA Inter

View Details
Company
ARTICLESHIP 07 October 2026
Article Assistant

Malhotra Rajesh & Associates

New Delhi

B.Com

View Details
Company
Featured 03 October 2026
Accountant

A P Lodha and Associates

Jalna

B.Com

View Details
Company
ARTICLESHIP 01 October 2026
Articled Assistant

KPSN & Associates LLP

Chennai

CA Inter

View Details
Company
ARTICLESHIP 23 October 2026
CA Articleship / Article Assistant

M N Rao & Associates LLP

Vijayawada

CA Inter

View Details
Company
14 October 2026
Accountant

Rize.farm

Bengaluru

B.Com

View Details