https://www.taxtmi.com/forum/issue?id=115149 The transferee must deduct tax at source at the time of credit to the transferor or at the time of payment, whichever is earlier. For under construction properties paid by instalments, credit to the transferor ordinarily does not occur before payment, so tax must be deducted on each instalment when paid; a single lump sum deduction for the entire agreement consideration is not the prescribed mechanism. en-us Fri, 05 Jul 2019 11:33:44 +0530 Thu, 23 Jan 2025 15:55:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=115149 The transferee must deduct tax at source at the time of credit to the transferor or at the time of payment, whichever is earlier. For under construction properties paid by instalments, credit to the transferor ordinarily does not occur before payment, so tax must be deducted on each instalment when paid; a single lump sum deduction for the entire agreement consideration is not the prescribed mechanism. Discussion-Forum Income Tax Fri, 05 Jul 2019 11:33:44 +0530 https://www.taxtmi.com/forum/issue?id=115149