Tag Archives: TDS on Sale of Immovable Property

TDS on Property Sale -Complete Guide

By | October 17, 2016

TDS on Property Sale Deduction of tax at source from payment on transfer of certain immovable property  Relevant provision regarding TDS on Property sale is covered in Section 194IA of Income tax Act of India Conditions to be satisfied for applicability of section 194-IA : TDS on Property Sale For applicability of section 194-IA following conditions… Read More »

No tds on sale of agricultural land

By | August 1, 2015

No tds on sale of agricultural land Question Whether the assessee is required to inspect the fields and find out whether the lands are actually cultivated or not  before deciding it a agriculture land and hence Not liable for TDS ? Answer : No, The language of section 194LA being plain and simple it provides no physical… Read More »