26QB query
prashant desai (190 Points)
15 April 2019I need to be paid TDS
what is the last date??
can I pay penalty on this?
prashant desai (190 Points)
15 April 2019
Chhalani and Associates
(CA - www.cachhalani.com)
(142 Points)
Replied 15 April 2019
If property value is above 50 lacs, you need to deduct tds @ 1% at the time of payment to seller. This needs to be deposited by 30th of next month. So if tds deducted on 5th August, it can be deposited by 30th September.