Tds on more than one sale of property by one buyer and one seller

383 views 5 replies
User Avatar

15 Points Posted on 31 January 2019

Hello Sir,

If one Buyer purchase more than one property/flat by single builder/seller and if

1) He registered seperate agreement for each property/flat and

2) Each property consideration value is less than Rs 50 lakh;

then Is TDS applicaple?

 

Regards

Sandip Gore

 

0 Reply Share Follow
On 31 January 2019 at 18:07 Report
Replies (5)
User Avatar

SEO Sai Gr. Hosp.
212312 Points Posted on 31 January 2019

No

 

2 Reply
On 31 January 2019 at 18:09
User Avatar

student
79 Points Posted on 31 January 2019
tds not applicable as the threshold limit of Rs. 50 lakh will be applicable to each and every property separately.
1 Reply
On 31 January 2019 at 21:50
User Avatar

CA FINAL ASPIRANT
3115 Points Posted on 01 February 2019
No, provsions of section 194IA does not hit in your case
1 Reply
On 01 February 2019 at 00:08
User Avatar

Student CA Final
12692 Points Posted on 01 February 2019
Under 194-IA Consideration of property is seen. It would be taken per Property wise separately.

In your case No Tds is Applicable.
6 Reply
On 01 February 2019 at 02:11
User Avatar

15 Points Posted on 03 February 2019
Thanks to all for answer
Reply
On 03 February 2019 at 22:13

Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topic

More recent discussions | Post

Related Topics
Loading

Latest Job Openings

View all
Company
ARTICLESHIP 17 July 2026
Article Assistant and B.com pass

BANSAL YOGESH AND CO

Gautam Budh Nagar

B.Com

View Details
Company
ARTICLESHIP 14 July 2026
Article Assistants

R Shyam and Associates

New Delhi

CA Final

View Details
Company
ARTICLESHIP 16 July 2026
CA Article

Pipara & Co. LLP.

Mumbai

CA Inter

View Details
Company
Featured 16 July 2026
Semi Qualified Company Secretary

Vakilsearch.com

Chennai

CS

View Details
Company
22 June 2026
Finance Manager- Chartered Accountant

Triveni Turbine Limited

Bengaluru

CA

View Details
Company
06 July 2026
Senior Accountant

Arvindkumar Maniar & Co.

Rajkot

CA

View Details
Company
14 July 2026
Senior Executive/ Manager

H S SHARMA AND CO

Pune

CA Final

View Details
Company
16 July 2026
CA Inter, CA Intermediate, CA IPCC, CA CPT , CA SemiQualifie

Vakilsearch.com

Chennai

CA Inter

View Details