Tag: TDS

A 1% TDS applies to property purchases exceeding Rs 50 lakh, even if there are multiple parties involved in the transaction.
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Business

A 1% TDS applies to property purchases exceeding Rs 50 lakh, even if there are multiple parties involved in the transaction.

Mumbai: For the property purchase of immovable property (excluding agricultural land) from a resident seller valued over Rs. 50 lakh, a TDS of 1% will[more...]