TDS(Tax Deducted at Source) on Purchase of Immovable Property Applicability : Applicable if the consideration for the property is 50L or more Applicable to : The purchaser of property Rate of TDS : 1% on Total Value Forms : Form 26QB and form 16B to the seller by the purchaser Immovable Property : Land other than agricultural Land & Building or part of building Also includes : Commercial units, Residential houses etc Property sold as Stock - in Trade of Developer For more details and assistance contact finmatrix.fs@gmail.com/contact@finmatrix.in or reach us at 8553025165/166 Finmatrix Strategic Consulting Private Limited Your Success is Our Motto
Finmatrix Strategic Consulting Private Limited specializes in Management Consultancy and Cloud Management Services providing high quality, customized and affordable services to our clientele. We provide unique and diversified services in Strategic Advising, Finance Integration, Recruitment, Accounting and Financial reporting, Risk Advisory Services, Registration and compliance etc.