Vishwanath Sharma (1 Points)
14 October 2017Dear Sir
I have booked an under construction flats costing more than Rs 50 lacs.
It includes Rs BSP + PARKING charges + PLC+ Int.free Security Deposit + lease rent + external & internal dev charges etc
Pl guide me as to whether
- 1% TDS is to be deducted on BSP ONLY or total cost including all other charges as detailed above?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160721 Points)
Replied 14 October 2017
1% AS PER AGREEMENT VALUE.
If agreement includes these charges, TDS liabilities arise over these too.
CAclubindia
