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What is the TDS on sale of a property?

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0 2023-01-27T08:56:11+00:00
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TDS must be withheld by the buyer at a rate of 1% of the entire transaction value. In this case, it is the buyer who must deduct TDS, not the supplier. If the sale value is less than Rs 50 lakhs, no TDS must be paid. TDS must be subtracted from each instalment if the payment is made in instalments.

Know about the TDS on the sale of property in detail from the experts at NoBroker. Read More: What is TDS on the sale of property in case of joint sellers? How to file TDS on the sale of the property? What is TDS on sale of property by NRI?

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Aadar Shukla

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