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Who to pay tds for property immovable? buyer or seller?

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PGN Property Management PGN Property Management, Real Estate & Documentation Consultant with 21+ years of experience
Answered on February 08,2023

BUYER is responsible to deduct the TDS at 1% of sale consideration and deposit the same in Government Treasury. 

TDS is applicable only if the sale consideration or guidance value is more than Rs 50 lakh 

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