i am an individual. I have paid brokerage of 50000 to individual person for selling my flat. Does I have to deduct TDS on it? I do not have TAN number.
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Tds deduction
Replies (3)
NO...YOU ARE NOT REQUIRED TO DEDUCT TDS ON BROKERAGE PAID BY YOU ....REQUIRMENT FOR TDS DEDUCTION FALLS ON PERSONS COVERED UNDER TAX AUDIT PROVISIONS SECTION 44AB
No need. .. ..
Agree with @ Pushp K Sahu
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