TDS on sale of property when dual ownership

Tax deducted at source (TDS) of 1% is applicable on the sale of immovable property, as per Section 194-IA (2) as deducted tax. However, TDS on sale of property in case of joint owners would be applicable only if the sale consideration of each of the joint owners exceeds Rs 50 lakh.
Here please note that if there is no contract between the joint owner of the property this will be divided equally as par section 46 of Transfer of property act.
Therefore no TDS should be deducted.

Thank u.. any specific document buyer should take from seller? Ex. Declaration about divided amount paid?

No document is required just quote the  section if required anywhere  section 194-1A(2) read with section 46 of transfer of property act.

Thanks a lot for all your help.

 

My case is also similar one,if any expert here knows...please answer

My mother and father both have separate business incomes and they are filing IT returns every year.They both want to buy a property jointly.Total sale value is 56 lakhs.They both want to transfer money to sellers in 50:50 ratio.Even sellers inherited that property jointly.We assume that the share of the individual is less than 50lakhs,so we won't liable to cut TDS.But some people saying that,even you are buying jointly;you are registering this property in a single sale deed and not registering separately.So you have to cut 1% TDS in sale value.Is this version correct or not?Plz reply.