TDS under 194M or 194IA

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..... An individual enters into contract with a developer to purchase a apartment costing 2 crore of which 75 lakh is towards land 1.25 crore superstructure. All along the individual was deducting tax u/ .....

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..... s 194IA on total sum of 2 crore @ 1%. With introduction of section 194M , does the scenario change. Is he liable to deduct tax u/s 194IA or 194M - Reply By Ganeshan Kalyani - The Reply = .....

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..... Section 194IA is more appropriate as it provides for TDS on immovable property. - TDS under 194M or 194IA - Query Started By: - Ethirajan Parthasarathy Dated:- 3-9-2019 Income Tax - Got 1 Reply - .....

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..... Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITa .....

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..... x .....

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