TDS on property purchase above 50 lakhs Section

How to Pay 1 TDS on Property Purchase Online

How to Pay 1 TDS on Property Purchase Online

Paying TDS (Tax Deducted at Source) is essential when buying a property worth Rs 50 lakh or more in India. This is required by Section 194-IA of the Income Tax Act. According to this law, buyers must deduct 1% TDS from the sale price. They must then deposit this amount with the government. This article will explain how to pay 1 TDS on property purchase online. It will include steps for joint buyers and...