Threshold limit for sec. 194-IA TDS not to be checked by referring to amount mentioned in sale deed

IT: Where assessee purchased an immovable property alongwith three other members of family for Rs. 1.50 crores, in view of fact that share of each co-owner came to Rs. 37.50 lakhs which was under threshold limit prescribed by section 194-IA, assessee was not required to deduct tax at source while making payment in question

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