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Answer Posted / aniket
TDS means Tax deduction at source. It actully deducted from labour charges, professional fees and etc in the purchase invoice after certain amount limit define by the income tax office.
It silently means that the deductor have to deduct the TDS amount from the Deductee fees, and submit to the income tax office..and send the form 16A to the Deductee.
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purchase price of property purchased within last 3 years is to be relied upon not and not on revalued amount for the purpose of loan against properties.
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