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?
Menu
TDS on Property- 26QB filing Doubt
Replies (1)
NO. TDS to be decuted over both, yhough payment can be made to any one in the direction & consent of the other.
Recent Topics :
- How do you collect documents from clients for ITR
- GST ITC on Construction/ Tenant Specific Renovatio
- GST Treatment and Reporting of Share & Mutual
- AGM Defective Notice
- IMS Rejection of Sales and Sales return
- Taxation of Gift - Father to Daughter
- TDS on Property Purchased above 50lakh
- Accounting Treatment in Tally for Restaurant Sales
- Form 146 required
- Rule 86(B) Applicability
Related Topics :
CAclubindia
