Tds on sale of imm.property

Others 387 views 9 replies
dear expertise, can we deduct tds more than 1% on sale of immovable prty
Replies (9)
Why you want to deduct more than 1 percent, on sale of immovable property more than 50,00,000/-
Seller asking to deduct more,pzl

So, one should go by act or statement of seller??

If go by seller statement accordingly any problem???sir
I think you deduct the tds more than1 %
Yes sir, any probem

Only in case of NRI seller you can deduct more as per provision. 

No problem for the dept if you deduct and pay in excess. But it would be an unnecessary blockage of fund for the assessee.

Thank you all


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details
Company
24 May 2026
Accounts & Tax Executive

PARAS KHURANA AND CO

New Delhi

B.Com

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details
Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details
Company
16 June 2026
Sr. Associate / Assistant Manager | TAS / FDD

Boutique Investment Bank & Transaction Advisory Firm

Gurgaon

CA

View Details
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details