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TDS on Property

TDS under Section 194-IA on property above ₹50 Lakhs.

Property Price

Section 194-IA: 1% TDS on property above ₹50 Lakhs. Buyer deducts and deposits via Form 26QB.

TDS APPLICABLE

₹60,000

Property Price₹60,00,000

Threshold₹50,00,000

TDS Rate1%

Net to Seller₹59,40,000