TDS on Property Sale is one of the progressive steps to regulate the real estate sector. Last decade or so has seen lot of reforms in Real Estate sector like computerization of land records, it's now mandatory to quote PAN for property transactions & historical judgement by Supreme Court to ban all property transactions through Power of Attorney. Despite all such efforts still 40% property transactions don't carry PAN details & almost all property transactions are undervalued / under reported. To fix this anomaly, In 2013-14 union budget Govt introduced section 194IA. Under this ... Read More