Forums
Direct Taxation
Land purchase from NRI ? On making advance payment tds applicable ? Under which section tds can deduct sec 194 IB or 195?
Answers (1)
sec 194ia says that a buyer of immovable property that costs more than a specified amount is required to deduct TDS while paying to the seller Sec 194ib is on deducting on tds by individuals for rent payment made to an Indian resident if the rent cross a specified amount