Answers On Topic: Section 194-IA
I have purchase a under construction apartment from a buyer (second party) at total consideration of 15950000 ( including 662605 GST). In Builder Buyer agreement value of apartment was 13914000 (including 662605 GST) I have paid Rs 8993000 to first party. Balance I will pay to builder in installments. Today I paid 3350000 installment to builder. I need to 1% as TDS on property. My query is what amount I need to put in TOTAL VALUE OF CONSIDERATION (PROPERTY VALUE) while paying TDS on installment amount. Will it be 15950000 OR 13914000 ??
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