including sale of property.TDS on sale of property is applicable under Section 194-IA of the income tax law. However, buyers and sellers need not worry about TDS implications at all if the property value is up to Rs 50 lakh. On property deals involving more than Rs 50 lakh, TDS on pro...
“The applicability of this limit hinges on the terms laid out in therental agreement. When there are multiple tenants sharing a space and each tenant enters into a separate agreement with the landlord, Rs 50,000 threshold applies to each individual ten...