Sale consideration relating to a Flat is Rs.60 lakhs.
The Flat is owned by A and B with each having 50% share in it.
The consideration is to be paid individually according to their entitled share in the Flat (ie 50% each).
Individual entitled amount comes to Rs.30 lakhs each.
Whether TDS at 1% is to be deducted from their respective payments to be made,.
Yes, over 30 lakhs for each.
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