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TDS on residential property purchased under 50 Lakh
Hi... I just want to clear the doubt that is TDS payable by purchaser if he buys residential property below 50 lakh ( 49,75,000). Kindly advice. Thanks
Replies (4)
No if value is less than 50 lakhs then TDS should not be deducted
No tax to be deducted at source in this case.
Not payable
Yes ...
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