Budget 2022 & Real Estate: Know the Changed TDS Rules and Its implications on Home Buyers and Sellers

Budget 2022 - Real Estate - TDS Rules - Home Buyers - TDS Rate 2022 - Sellers - taxscan

The Union Finance Minister, Nirmala Sitharaman has presented the Budget 2022 wherein the change in a few TDS Rules on the property has been introduced. Existing Provisions As per section 194IA from 1 June 2013, when a buyer buys immovable property (i.e. a building or part of a building or any land other than agricultural…

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