banner_ad

Value of a property for consideration under section 194ia

Tax queries 971 views 2 replies

Hi All,

 This is regarding value of property for consideration under section 194IA.

While deciding this value what all should be considered and what should be rejected ? I have given the cost heads below. Please let me know what all should be considered. 

1. Basic Flat Cost ( = Rate * Area) 

2. Car Parking 

3. Amenities Charges 

4. Water and Electricity Department Charges

5. Service Tax

6. Legal Charges

7. Registration Charges

 Thanks a lot in advance for the help.

Replies (2)

Dear Saumya,

 

You have to pay the TDS on the agreement value of the flat. is this breakup given in the agreement?

The value of the property for 194-ia shall be the sale consideration agreed upon in the sale agreement between the buyer and the seller. 


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

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
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details
Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
16 May 2026
Account & Audit Asst

RAHUL KHANDEBHARAD & ASSOCIATES

Nashik

B.Com

View Details
Company
19 May 2026
Accountant

ca kunjan

Mumbai

CA Inter

View Details