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Showing posts with label Section 194A. Show all posts
Showing posts with label Section 194A. Show all posts

Friday, June 28, 2013

TDS on property sale in India Section 194-IA

This is a new tax, applicable from 1st June 2013, deducted at source, on sale of any immovable property (other than agricultural land) costing more than Rs.50 lakh u/s 194-IA
This tax will be called as withholding tax.

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