https://www.taxtmi.com/acts?id=17820 A transferee paying a resident transferor for immovable property (other than agricultural land) must deduct one per cent tax of the consideration at the earlier of crediting the sum to the transferor or payment; no deduction is required where consideration is below fifty lakh rupees; the provision exempts such deductors from certain general deductor registration requirements; "agricultural land" and "immovable property" are defined to exclude agricultural land and to include non-agricultural land and buildings. en-us Tue, 14 May 2013 15:13:24 +0530 Tue, 18 Nov 2025 12:45:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=17820 A transferee paying a resident transferor for immovable property (other than agricultural land) must deduct one per cent tax of the consideration at the earlier of crediting the sum to the transferor or payment; no deduction is required where consideration is below fifty lakh rupees; the provision exempts such deductors from certain general deductor registration requirements; "agricultural land" and "immovable property" are defined to exclude agricultural land and to include non-agricultural land and buildings. Act-Rules F. Acts / Amendment Acts Tue, 14 May 2013 15:13:24 +0530 https://www.taxtmi.com/acts?id=17820