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Sale of Property Under Rs. 50L Per Person Avoids TDS u/s 194IA of Income Tax Act.

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Full Text of the Document

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....TDS u/s 194IA - transfer of an immovable property - the amount as per sale deed is ₹ 1,50,00,000/- - Single purchase deed for four persons - in each case purchase consideration was less then fifty lakhs rupees - No TDS liability.....

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