Re: [aaykarbhavan] QUEERY REGARDING TDS ON SALE OF IMMOVABLE PROPERTY SECTION 194IA

It should be on 30 lacs as tds deducted from consideration...

Sent from my iPad

On 14-Jun-2013, at 4:26 PM, "CA. PRAMOD PARMAR" <prpca2004@gmail.com> wrote:

 

1) 10 l

2) on slabs

On 14 June 2013 15:09, Santosh SHAH <sneak_0203@yahoo.com> wrote:

 

Dear Sir

Want guidance regarding the provisions of section 194IA. My querries are:

1) X has booked a flat In April 2013 for which he has not made any agreement by paying a sum of Rs. 30 lacs. The cost of the flat is Rs. 95 lacs. In June 2013, he has paid Rs. 10 lacs. Now whether the TDS is applicable on Rs. 10 lacs or on Rs. 40 lacs?

2) Z has registered a flat agreement costing Rs. 60 lacs in April 2013 by paying a sum of Rs. 5 lacs. The construction is at plinth stage. Now he will be paying based on the slabs given by the builder now whether he will have to Pay TDS according to the slabs he pays or on Rs. 55 lacs total?

Please advise

Regards

CA Hemang N Vyasa
Pune

__._,_.___

receive alert on mobile, subscribe to SMS Channel named "aaykarbhavan"
[COST FREE]
SEND "on aaykarbhavan" TO 9870807070 FROM YOUR MOBILE.

To receive the mails from this group send message to aaykarbhavan-subscribe@yahoogroups.com

Your email settings: Individual Email|Traditional
Change settings via the Web (Yahoo! ID required)
Change settings via email: Switch delivery to Daily Digest | Switch to Fully Featured
Visit Your Group | Yahoo! Groups Terms of Use | Unsubscribe

__,_._,___