TDS under section 194IA
CA Atul Gupta (11 Points)
04 August 2017CA Atul Gupta (11 Points)
04 August 2017
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(195916 Points)
Replied 05 August 2017
When property is transferred by way of registered deed &/or possession, the date is considered as actual transfer of property.
If the same was performed last year, CG liability arose in that year, even though balance payment received in next year. Accordingly adjust the TDS amount.