TDS on Property- 26QB filing Doubt

303 views 1 replies

My brother & his wife are buying a property

There are 2 sellers, A and B, for a flat in Navi Mumbai

Seller A doesn't want any money, and everything goes to B

So TDS should be 0 for Seller A and 1% for Seller B?

 

Replies (1)

NO. TDS to be decuted over both, yhough payment can be made to any  one in the direction & consent of the other.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register