Hello,
I wanted to know that if buyer is purchasing the Residential house directly from builder, whether buyer is required to deduct TDS from payment to builder.
Menu
Related to tds u/s 194ia
Replies (2)
Yeah, buyer has to be deduct TDS if consideration is >= 50 lacs
Yes as sec 194IA -Transfer of certain immovable property other than agriculture land(w.e.f 1-6-2013) which exceeds 50laks then TDS @ 1% be deducted.
Recent Topic
- Gift recd from brother
- How to show Loan write off in DPT 3?
- Form 10E and Salary arrear
- LTCG U/S 54F. Sale of property plus sale of share
- Issue with ITR2 online utility for HUF
- TDS deducted by EPFO under wrong section
- Schedule SI in ITR-2
- What is the easy way to do CA- through foundation
- Schedule FA query for this AY 2026-27
- Business income source for husband and wife
Related Topics
CAclubindia
