What Is Section 194-IA? Section 194-IA states states that TDS is applicable when you buy a property which is worth ???50 lakh or more from a resident seller you must deduct 1% TDS from the property’s sale value. The buyer is supposed to deduct this TDS before making the payment to the seller or at […]

When you purchase a property, it is mandatory to deduct the applicable TDS as per section 194IA of the Income Tax Act.?? It is the responsibility of the buyer to deduct the TDS on property sale and file the TDS return to the government within the given time frame. This article covers complete insights on- […]