TDS 194IA

whether 194-IA i.e deduction of tds @ 1% on sale of immovable property is applicable when a property is sold by reconstruction company.
whether I am liable to deduct tds while making payment to the reconstruction company
Replies (3)
yes you are liable to deduct TDS at 1% above 50 L
whether it is an individual or company
Yes... You can deduct TDS.
TDS can be deducted in this case @ 1%.

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