TDS on Property Section 194IA

Section 194IA : TDS on Purchase of Immovable Property with Latest Case Laws

As per Section 194IA Every transferee responsible for paying any sum as consideration for transfer of immovable property (land, other than agricultural land, or building or part of building) to a resident transfer shall deduct tax, at the rate of 1% of such sum or the stamp duty value of such property, whichever is higher. …

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