Section 194-IA applies as sale value is ₹1.5 crore
Buyer deducts TDS @ 1% (₹1.5 lakh)
TDS deposited via Form 26QB within 30 days
Form 16B issued to seller
Seller later adjusts TDS against capital gains tax
Thank you very much sir.
SMJ global advisors pvt ltd
New Delhi
B.Com
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Rahul Dang & Associates-Chartered Accountants
Pune
CA Inter
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Shaswat initial support private limited
Ahmedabad
CS
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CAclubindia
