1% tds real estate budget 2013
samratsarkar (student) (52 Points)
02 March 2013samratsarkar (student) (52 Points)
02 March 2013
Bharat Gandhi
(Accounts Manager)
(29 Points)
Replied 02 March 2013
Originally posted by : samratsarkar | ||
The buyer will deduct 1% from payment & pay TDS with Seller's PAN no. in challan |
Prashant Rawat
(Article Assistant)
(21 Points)
Replied 03 March 2013
Hi, you will have to sell the house before 1st June, 2013 in order to stay away from TDS provisons.
Always remeber, TDS is Deducted by the One WHO MAKES PAYMENT. SO, The TDS will be deducted by the buyer, which will be deposited in your PAN.
Hope this will help you.
samratsarkar
(student)
(52 Points)
Replied 03 March 2013