U/s 194 1a
This query is : Resolved
Raju Philip
(Querist)
18 October 2019
The GST amount paid on bills for buying a property is included in the total for
calculating TDS in Section 194 1A.
Usually tax amounts and rates are not included .. it will be double taxing
I am buying a property value less than 50 Lakhs but if GST amounts are included it will be more than 50 Lakhs
Please clarify
Regards
calculating TDS in Section 194 1A.
Usually tax amounts and rates are not included .. it will be double taxing
I am buying a property value less than 50 Lakhs but if GST amounts are included it will be more than 50 Lakhs
Please clarify
Regards
19 October 2019
No need to include GST for the threshold of 194IA. Inference - CBDT Circulars
4/2008 dt. 28-04-2008 and 1/2014 dt. 13-01-2014.
4/2008 dt. 28-04-2008 and 1/2014 dt. 13-01-2014.
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