Home / Finance / Taxes / We purchased a property from Paramount (Builder) from Square Yard, and we paid all amount to the square yard. Now we are confused to pay TDS. We need to pay TDS for either one (Paramount/Square Yard) or both of them?
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We purchased a property from Paramount (Builder) from Square Yard, and we paid all amount to the square yard. Now we are confused to pay TDS. We need to pay TDS for either one (Paramount/Square Yard) or both of them?

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0 2023-04-28T20:18:32+00:00
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The buyer of the property has to make the payment of TDS. It is his or her responsibility to furnish the information regarding the immovable property transaction online on the TIN website. Also, I believe that the GST rate of Paramount Builder is different from the GST rate of square yard. 

Also, whether you will pay TDS to square yard or to the builder will also depend on your agreement with square yard. 

Hence, to avoid any confusion I’d like to suggest you consult a tax consultant for a perfect solution regarding the same.

I hope this helps:)

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