If a person has bought a house, then when he comes to the matter of TDS, then on whom should he deduct the TDS which he has paid to the seller or on the stamp duty value.
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Quick Summary
This discussion clarifies the rules around Tax Deducted at Source (TDS) when purchasing immoveable property. It explains that since April 2022, TDS is calculated on the higher of the transaction value or the stamp duty value. The correct date to enter on Form 26QB depends on whether the registration is complete; use the agreement date if payment precedes registration.