TDS on buy TDR

Hi experts

what is the rate of TDS applicable on builders buy TDR.

TDS deduct u/s 194IC applicable ?
Replies (8)
Quick Summary
This discussion clarifies the applicable TDS section and rate for builders purchasing Transferable Development Rights (TDR). Initially, there was confusion between sections 194IA and 194IC. The consensus reached is that Section 194IC applies, with a TDS rate of 7.5% on TDR transactions.

I think 0.75%
Section 194IA @ 1% or 194IC @ 10% is applicable on TDR subject to provisions
Sourav sir , that is the main confusion 194IA or 194 IC ?
sir can you tell me one particular TDS section ?
It's 7.5%
Hello Triveni patil ,
how 7.5% ? and under which section ?
Section 194IC sir... check latest pdf file study materials of this chapter
Ok thanks
Take 194IC

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