TDS on sale of property under migrated E-filling portal

As per section 194 IA of Income tax Act, 1961, TDS is applicable on sale of immovable property, if the consideration of property exceeds or equal to Rs. 50,00,000/- (Rs. Fifty lakhs). The rate of tax under the above section is 1% which is to be deducted and need to be deposited by buyer.

source https://www.caclubindia.com/articles/tds-on-sale-of-property-under-migrated-e-filling-portal-49445.asp