Income tax · property buyer TDS
Internal audit copy names buyer TDS under section 194-IA on immovable property sales and Form 16B. No rate or value limit is stated here.
The internal audit services page says buyers of immovable property deduct TDS under section 194-IA in many cases. Form 16B relates to TDS on property sales under section 194-IA on that list. Builder buyer agreements and TDS on property are linked for many buyers. Joint development agreements may involve multiple TDS events on the internal audit page.
Landlord rent TDS for businesses stays on the section 194I page. Tenants paying rent use the section 194-IB page. Compensation on acquisition in some cases is named under section 194LA on the 194LA page.
Property brokerage to individuals may use section 194H or section 194I on internal audit copy. That row is separate from buyer 194-IA.
Payees check Form 26AS for TDS credit. The capital gains desk handles seller-side gain reporting; this page is only the buyer TDS row from internal audit copy.
The internal audit services page says buyers of immovable property deduct TDS under section 194-IA in many cases. It says Form 16B relates to TDS on property sales under section 194-IA. Builder buyer agreements and TDS on property are linked for many buyers on that list. This page does not state a rate or property value threshold.
No. Section 194I is rent paid to a landlord on the section 194I page. Section 194-IA is buyer TDS on immovable property sale on internal audit copy.
No. The published pages name 194-IA, Form 16B, and builder buyer links but do not state a percentage or rupee limit on this page.
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