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SECTION 194IA ON HOUSE PURCHASE THROUGH BANK FINANCE

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CA ANKUSH DUBEY   12 February 2021

CA ANKUSH DUBEY

 5 points
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is section 194IA applicable where consideration for property purchase is more then 50 lacs but payment is made by bank due to bank finance i . e. case of housing loan
SUSHANT BIDAYE

SUSHANT BIDAYE   12 February 2021

SUSHANT BIDAYE

 18 likes  286 points
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Yes . very much
CA ANKUSH DUBEY

CA ANKUSH DUBEY   12 February 2021

CA ANKUSH DUBEY

 5 points
View Profile | My Other Post
If it is the case of partial bank finance then
SUSHANT BIDAYE

SUSHANT BIDAYE   12 February 2021

SUSHANT BIDAYE

 18 likes  286 points
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Still. if the total consideration more than 50 lakhs, it is applicable
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