TDS u/s 194IA Joint seller but amount credit in Mr. A Bank A/c
This query is : Resolved
SUMAN THAKUR
(Querist)
28 February 2025
Dear Expert,
Our client Purchase Land(NA) for Rs. 5cr from a seller Mr A and Mrs. B (50%share Each). and Requested to credit amount in Mr. A Bank A/c.
I have a Querry
Should i deduct TDS @1% on 5cr on Mr. A PAN
or
Deduct 1% TDS on 2.5cr each for Mr A & Mrs. B PAN
Kindly Help
Our client Purchase Land(NA) for Rs. 5cr from a seller Mr A and Mrs. B (50%share Each). and Requested to credit amount in Mr. A Bank A/c.
I have a Querry
Should i deduct TDS @1% on 5cr on Mr. A PAN
or
Deduct 1% TDS on 2.5cr each for Mr A & Mrs. B PAN
Kindly Help
Dhirajlal Rambhia
(Expert)
28 February 2025
Deduct 1% TDS on 2.5cr each for Mr A & Mrs. B PAN....
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