https://www.taxtmi.com/acts?id=17199 A transferee liable to pay consideration to a resident transferor for transfer of immovable property (other than agricultural land) must deduct tax at source equal to one per cent of such consideration at the time of credit to the transferor's account or at the time of payment, whichever is earlier. No deduction is required where the consideration is below a prescribed threshold. Definitions of "agricultural land" and "immovable property" are supplied in the explanatory provision. en-us Fri, 01 Mar 2013 18:12:50 +0530 Sat, 02 Mar 2013 11:56:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=17199 A transferee liable to pay consideration to a resident transferor for transfer of immovable property (other than agricultural land) must deduct tax at source equal to one per cent of such consideration at the time of credit to the transferor's account or at the time of payment, whichever is earlier. No deduction is required where the consideration is below a prescribed threshold. Definitions of "agricultural land" and "immovable property" are supplied in the explanatory provision. Act-Rules Bills Fri, 01 Mar 2013 18:12:50 +0530 https://www.taxtmi.com/acts?id=17199