Tds under sction 194ia of i t act 1961

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Querist : Anonymous

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Querist : Anonymous (Querist)
20 December 2013 I am a builder doing business in styal of propertiship. I have purchased a land from an individual person. The actual payment towards land is Rs 45 lacs. The govt value of registration is Rs 121 lacs. On which amount i will deducted tax on above section.
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
23 December 2013 depends on what is the agreement value. If the agreement is of Rs 45 lakhs, then no TDS>
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Querist : Anonymous

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Querist : Anonymous (Querist)
28 December 2013
What is the meaning of agreement value ?
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
28 December 2013 Agreement of sale or sake deed.
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