https://www.taxtmi.com/manuals?id=4379 Deduction of tax at source applies to payments of sale consideration for immovable property (other than rural agricultural land) made to resident sellers: tax must be withheld at the statutory 1% rate where the sale consideration meets or exceeds the legislated threshold, and where the consideration exceeds that threshold the deduction is calculated on the entire consideration. Payments to non resident sellers are governed by the separate withholding provisions applicable to non residents and not by the resident immovable property withholding rule. en-us Fri, 29 Dec 2023 10:15:00 +0530 Tue, 09 Jan 2024 15:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=4379 Deduction of tax at source applies to payments of sale consideration for immovable property (other than rural agricultural land) made to resident sellers: tax must be withheld at the statutory 1% rate where the sale consideration meets or exceeds the legislated threshold, and where the consideration exceeds that threshold the deduction is calculated on the entire consideration. Payments to non resident sellers are governed by the separate withholding provisions applicable to non residents and not by the resident immovable property withholding rule. Manuals Income Tax Fri, 29 Dec 2023 10:15:00 +0530 https://www.taxtmi.com/manuals?id=4379