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TDS ON PURCHASE OF HOUSE


Ari Narayanan K   28 November 2020

Ari Narayanan K

 18 points

| My Other Post

I am going to purchase a flat valued Rs. 64 lacs jointly with my wife. we both are employed and availing HL jointly. The flat is owned by husband and wife jointly both are pensioner. They are saying no TDS to be deducted since individual share is less than Rs. 50 lacs and there is verdict by IT appellate authority to this effect.

can any one clarify

M BABU   28 November 2020

M BABU

 4 likes  80 points

View Profile | My Other Post

You have to deduct TDS as receiver is one person


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