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tds on property sale and purchasr
I need complete details are information regarding tds on property sale and purchase
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There is no TDS over sale of any property, but purchaser has to deduct TDS over payment made @ 1%,when purchased from resident Indian; if value of the property Rs. 50 lakhs or above, u/s. 194 IA of IT act
For more details refer: https://www.caclubindia.com/articles/194-ia-tds-on-sale-of-immovable-property-complete-details-19736.asp
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