Tax Deduction at Source
Aditya Rustgi (45 Points)
13 March 2019Aditya Rustgi (45 Points)
13 March 2019
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(195640 Points)
Replied 13 March 2019
You might have deducted TDS u/s. 194 IA i.e. 1% and not u/s, 195.
You require to obtain TAN and pay tax as per sec. 195, when you purchased property from NRI.
Aditya Rustgi
(45 Points)
Replied 13 March 2019
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(195640 Points)
Replied 13 March 2019
The compliance are exactly similar which is required to be followed for filling a TDS return: –