Dear sir , my client purchased 50 lakhs land .
which return i need to file ? and we need debit the tds anything .
ITR need to be filed as per his income details.
TDS u/s. 194Ia will be applicable on the purchase of any property, including land for Rs. 50 lakhs or above.
As said earlier, what are income heads?
e.g. salary, capital gain, rental income etc...
Based on these, ITR can be decided; not just on purchase of property.
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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CAclubindia
