TDS on additional property space purchased in redevelopment

Hi All

Is there any TDS applicable if I am purchasing any additional carpet in redevelopment? If additional carpet value crosses 50lakhs?

Replies (3)
Quick Summary
This discussion clarifies whether Tax Deducted at Source (TDS) is applicable when purchasing additional carpet space in a redevelopment project. If the value of this additional space exceeds £50,000, TDS will indeed be applicable according to the provided information.

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Yes, if the agreement value for the additional purchase exceeds Rs. 50 lakhs.

Yes. it's applicable

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