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TDS on Purchase of Immovable Property @ 20% in Place of 1%
Category: INCOME TAX, Posted on: 13/12/2023 , Posted By: CA Sohrabh Jindal
Visitor Count:235

TDS at Higher Rate on Immovable Property Purchase 


Plz check the PAN of the seller is linked with Adhaar before you deduct TDS on Property purchase u/s 194IA.


If PAN not linked with Adhaar then TDS is liable to be deducted @20% in place of 1% as per Rule 114AAA after 1-7-2023




CA Sohrabh Jindal

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