TDS ON PROPERTY REGISTER OF SALES DEED

TDS 191 views 2 replies

Dear All,

 

Please Guide me in this, while calculating the TDS on property purchase u/s 194IA is the date of sales deed registration need to be taken as time of deduction of TDS or Time of Payment of Advances i.e Booking Amount.

 

Regards

Replies (2)

at the time of making advance payment 

For the portion of advance you have to deduct tax on the date of payment of advance.

on the remaining amount if any, you must deduct on the date of payment or registration of deed, whichever is earlier


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register