Question ID :
44540
TDS u/s 194IA of Income Tax Act
Total Sale Consideration of Property is 60.00 Lakhs and there are two sellers and one purchaser. Purchaser shall pay 50% amount to each seller. Whether TDS u/s 194IA is applicale or not ?
Posted by
Gaurav Kumar Baranwal
on
Aug 25, 2023
Filed Under
DIRECT TAXES
Applicable ,because number of purchaser is one and consideration is more than the threshold limit .
Posted by
B.CHACKRAPANI WARRIER on
Aug 26, 2023