Assessee's Land Purchases Below Rs. 50 Lakhs Exempt from TDS u/s 194IA of Income Tax Act.
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....TDS u/s 194IA - assessee had purchased the land on piece meal basis. - since, the value mentioned in each sale deed is less than ₹ 50 lakhs, therefore, the provisions of Section 194IA will not be applicable to the assessee.....




TaxTMI
TaxTMI