Dear sir , my client purchased 50 lakhs land .
which return i need to file ? and we need debit the tds anything .
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50 lksh immovable property
Replies (3)
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.
Thanks for reply . which itr applicable
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.
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