Search result for tds on sale of property by nri

Chidambaram, the former Union Finance Minister introduced TDS on property purchase in the budget 2013-14 on all immovable property of market value over 50 Lakhs under section 194 IA of the income tax act. Effective from 1 June 2013 onwards, the purpose of TDS on property purchase was to improve those number of transactions which are largely unde...