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Section 194-IA applies if property consideration and stamp duty value exceed what amount?

ARs 1 crore
BRs 50 lakh
CRs 40 lakh
DRs 30 lakh
Answer & Solution
Correct answer: B. Rs 50 lakh
A buyer deducts TDS under 194-IA only when the consideration or stamp duty value exceeds Rs 50 lakh.
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