TDS on transfer of immovable property
Income Tax

Purchasing a property ? Don’t miss out on deducting TDS U/S 194IA before making payment.

Purchasing a property ? Don’t miss out on deducting TDS u/s 194IA before making payment. The title is enough to explain what this article is going to be about. The TDS law has come up where any person purchasing a immovable property other than agricultural land is required to deduct TDS u/s 194IA and deposit the same within 30 days by filing challan cum statement in form 26QB.

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