Amendment of section 194-IA.

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..... vable property, then the consideration shall be the aggregate of the amounts paid or payable by all the transferees to the transferor or all the transferors for transfer of such immovable property. . - Clause 58 of the Bill seeks to amend section 194-IA of the Income-tax Act relating to payment on transfer of certain immovable property other than agricultural land. Sub-section (1) of the said sect .....

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..... or transferee in respect of any immovable property, then the consideration shall be the aggregate of the amounts paid or payable by all the transferees to the transferor or all the transferors for transfer of such immovable property. This amendment will take effect from 1st October, 2024. - statute, statutory provisions legislation, law, enactment, Acts, Rules, Regulations, Taxation Tax Manageme .....

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