SEO Sai Gr. Hosp.
211555 Points
Joined July 2016
Though it is very tricky issue, and some judgements are in favour of the issue (i.e. No TDS in case of value of each seller being less than 50L), because the wordings of the act are in its line.
But the intention of the act is quite different.
Secondly, each individual seller is not entitled to sell a common property, independently.
In nutshell, if you gain anything extra benefit, by purchasing future litigation, you may proceed with the judgement.
But we do not advise to our clients!!
n my opinion also, the Section is not owner specific. . Can each joint owner dispose off his share in the property separately ? Answer is-No. . In such a case the cost of immovable property becomes the criteria for TDS. For such a property, payment made to each co-owner is liable to tax.
Read more at: https://www.caclubindia.com/experts/tds-u-s-194-ia-in-case-if-joint-owners-1336119.asp
n my opinion also, the Section is not owner specific. . Can each joint owner dispose off his share in the property separately ? Answer is-No. . In such a case the cost of immovable property becomes the criteria for TDS. For such a property, payment made to each co-owner is liable to tax.
Read more at: https://www.caclubindia.com/experts/tds-u-s-194-ia-in-case-if-joint-owners-1336119.asp
n my opinion also, the Section is not owner specific. . Can each joint owner dispose off his share in the property separately ? Answer is-No. . In such a case the cost of immovable property becomes the criteria for TDS. For such a property, payment made to each co-owner is liable to tax.
Read more at: https://www.caclubindia.com/experts/tds-u-s-194-ia-in-case-if-joint-owners-1336119.asp
n my opinion also, the Section is not owner specific. . Can each joint owner dispose off his share in the property separately ? Answer is-No. . In such a case the cost of immovable property becomes the criteria for TDS. For such a property, payment made to each co-owner is liable to tax.
Read more at: https://www.caclubindia.com/experts/tds-u-s-194-ia-in-case-if-joint-owners-1336119.asp
Can each joint owner dispose off his share in the property separately ? Answer is-No. . In such a case the cost of immovable property becomes the criteria for TDS. For such a property, payment made to each co-owner is liable to tax.
Read more at: https://www.caclubindia.com/experts/tds-u-s-194-ia-in-case-if-joint-owners-1336119.asp
Can each joint owner dispose off his share in the property separately ? Answer is-No. . In such a case the cost of immovable property becomes the criteria for TDS. For such a property, payment made to each co-owner is liable to tax.
Read more at: https://www.caclubindia.com/experts/tds-u-s-194-ia-in-case-if-joint-owners-1336119.asp
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