Accountancy, asked by qwertyqwer12311, 11 months ago

What Is Tds And Sale Tax Return?

Answers

Answered by akash11221

Note that the buyer is required to deduct TDS, not the seller. No TDS is deducted if sale consideration is less than Rs 50lakhs. If installments are being paid TDS has to be deducted on each installment. Tax is to be paid on the entire sale amount.

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