Tds rate in sale of property

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Retired
44 Points Posted on 11 September 2021

What's present rate of tds in sale of property for transaction above 50 lakh? 1 % or 0.75% ? 

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On 11 September 2021 at 22:48 Report
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Quick Summary
This discussion clarifies the current Tax Deducted at Source (TDS) rate applicable to property sales exceeding ₹50 lakh. The rate reverted to 1% from April 1, 2021, after a temporary reduction to 0.75% between May 14, 2020, and March 31, 2021, due to the COVID-19 pandemic.

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150 Points Posted on 12 September 2021
Due to covid 19 pandemic it reduced to 0.75% from 1% between 14.05.2020 to 31.03.2021. from 01.04.2021 it has now 1%.
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On 12 September 2021 at 00:45
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Chartered Accountant
24588 Points Posted on 12 September 2021
1% is rate
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On 12 September 2021 at 06:05
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Retired
44 Points Posted on 12 September 2021

Thanks for your valuable guidance 

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On 12 September 2021 at 08:14
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Chartered Accountant
24588 Points Posted on 02 November 2021
Your welcome
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On 02 November 2021 at 14:26

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