Will stamp duty and other expenses be included 194ia
This query is : Resolved
28 June 2013
Dear Expert,
Please clarify whether stamp duty and other expenses like maintenance, deposits with govt will be added to the sale consideration while computing 1% TDS u/s 194IA?
Thanks in advance.
Please clarify whether stamp duty and other expenses like maintenance, deposits with govt will be added to the sale consideration while computing 1% TDS u/s 194IA?
Thanks in advance.
28 June 2013
Yes... according to me stamp duty .. maintenance deposits with government both will be included while computing 1 % sale consideration u/s 194IA..
28 June 2013
TDS @ 1% has to be on the 'consideration for transfer of immovable property' which obviously excludes stamp duty, maintenance charges etc.,
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax Audit Applicability – Newly Formed Partnership Firm with Profit Below 6%/8%
- TDS CREDIT MISMATCHING
- Buy back of shares u/s69
- HOUSING LOAN ISSUE
- EMI ISSUE IN HOUSING LOAN OLD REGIME
- Taxability of Partnership firm for FY 2025-26
- LIC maturity claim whether taxable
- Carriage Road Act, 2007 read with Carriage by Road Rules, 2011
- Sec 44ada applicable only or both
- Need Professional Opinion - AY 2012-13 Old Demand & AY 2026-27 Refund Adjustment
- Same demand raised for original as well as rectification request return
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
