What recourse to avail over non-payment of 1% TDS?- Property Hotline
August 11, 2016
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2:53Now PlayingWhat recourse to avail over non-payment of 1% TDS?- Property Hotline
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as posted by the channelExpert: Pannkaj Ghadiali, Managing Partner at PC Ghadiali and Co LLP.
Question: I booked a flat in Chandigarh on October 2015. I have not done 1% TDS payment to builder. But I have made 2 instalment payments. How to correct??
Answer: Calculate the interest from due date till now. You will have to pay 15% interest i.e. per annum. I will suggest you to go to a tax consultant for the proper advice.
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