Posts Tagged ‘TDS on sale of property’

How to pay TDS on sale of property?

How to pay TDS on sale of property?

TDS on sale of a property is applicable if a property value is more than 50 lacs. This rule is applicable to any immovable property and land other than agriculture land. This rule was introduced in 2013. As per the rule, the buyer of the property has to deduct 1% TDS when he pays to the seller. This TDS amount should be deposited to the government. It can be deposited either online or offline. In this post, I will explain […]