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How to Pay TDS on Purchase of Immovable Property (Section 194-IA) – Complete Step-by-Step Guide

If you are purchasing immovable property (land, building, or flat) in India for more than ₹50 lakhs, you are legally required to deduct TDS at 1% of the sale consideration and deposit it with the Income Tax Department. This guide walks you through the entire process of paying TDS using Form 26QB on the official …

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