What is the liabilty(like to deduct TDS and etc.) of buyer in immovable property transaction if he pays more than 20000 in cash. and the provision of section 269ss and 269T is applicable on buyer or not?
What is the liabilty(like to deduct TDS and etc.) of buyer in immovable property transaction if he pays more than 20000 in cash. and the provision of section 269ss and 269T is applicable on buyer or not?
Hello Hafis,
Section 269SS and 269T both applicable on cash transaction in Immovable property from 01.06.2015 (as amended).
Naveen Fintech Pvt Ltd
Kolkata
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
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