banner_ad

Tds deductible on other payment for purchase of immovable property

424 views 2 replies
I have purchase property in mumbai agreement value 3 Cr.

If I pay other amount of Club house membership, is it liable to pay tds on club house membership.


I paid TDS on 3 Cr. Now liable to pay tds on club house membership?
Replies (2)

Not required. It seems to be altogether separate service and does not form part of Purchase of Immovable property.

Check the agreement, is it mandatory to subscribe for membership fees if you want to purchase property?

Moreover membership is something which is periodic (may be yearly) and that to it might be paid to the association / group / society under whose management club is operating and not to the person selling the property. You pay tds purely for the consideration which you have agreed on the sale agreement of property (i.e. on property value). 

No TDS applicable on Club House Membership


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details