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The TDS tangle for which homebuyers are getting tax notices

According to income tax rules, the home buyer is required to deduct 1 percent TDS if the sale consideration is Rs 50 lakh or more. The TDS rate is 20 percent in the absence of a PAN, or if the PAN is deemed inoperative.

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​ According to income tax rules, the home buyer is required to deduct 1 percent TDS if the sale consideration is Rs 50 lakh or more. The TDS rate is 20 percent in the absence of a PAN, or if the PAN is deemed inoperative. According to income tax rules, the home buyer is required to deduct 1 percent TDS if the sale consideration is Rs 50 lakh or more. The TDS rate is 20 percent in the absence of a PAN, or if the PAN is deemed inoperative.  Moneycontrol Latest News Read More  

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