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Tds on immovable porperty u/s 194ia
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www.incometaxindia.gov.in/Charts%20%20Tables/TDS%20Purchase%20of%20Immovable%20property.htm
FROM JUNE 1st 2013, WHEN A BUYER BUYS IMMOVABLE PROPERTY (i.e. a building or part of a building or any land other than agricultural land) COSTING MORE THAN RS 50 LAKHS HE HAS TO DEDUCT TDS WHEN HE PAYS THE SELLER . THIS HAS BEEN LAID OUT IN SECTION SECTION 194-IA OF THE INCOME TAX ACT
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