If total Consideration of flat is above Rs 50L then when does the liability to deduct and pay tds @ 1% starts?
From the very 1st payment or when our payment exceeds Rs 50L.
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Tds on Purchase on Immovable property @ 1% u/s 194ia
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If payment is made in installments then it shall be deducted at each installment and deposited after each one.
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