TDS on Immovable Property

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  1. brijeshsingh29

    brijeshsingh29 New Member

    I have booked a flat in Gaziabad in 2008 and the 95% payment was made in 2008 itself. As per my agreement with builder the property value was 37 lacs but at the time of registry which was Jan 2014 ,as per circle rate the property value is 52.6 lacs , Now I got a notice to pay the 1 % TDS on 52.6 lacs with penalty. Pls guide me ..
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