Common use of TDS Clause in Contracts

TDS. If applicable, the tax deduction at source (TDS) under the Income Tax laws shall be deducted by the Allottee on the consideration payable to the Promoter and the same shall be deposited by the Allottee to the concerned authority within the time period stipulated under law and the Allottee shall provide proper evidence thereof to the Promoter within 60 (sixty) days of such deduction. If such deposit of TDS is not made by the Allottee to the concerned authority or proper evidence thereof is not provided to the Promoter, then the same shall be treated as default on the part of the Allottee under this agreement and the amount thereof shall be treated as outstanding.

Appears in 36 contracts

Samples: Not Specified, Sub Lease Agreement, Agreement for Sale

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TDS. If applicable, the tax deduction at source (TDS) under the Income Tax laws shall be deducted by the Allottee Allottee(s) on the consideration payable to the Promoter and the same shall be deposited by the Allottee to the concerned authority within the time period stipulated under law and the Allottee Allottee(s) shall provide proper evidence thereof to the Promoter within 60 (sixty) days of such deduction. If such deposit of TDS is not made by the Allottee Allottee(s) to the concerned authority or proper evidence thereof is not provided to the Promoter, then the same shall be treated as default on the part of the Allottee under this agreement and the amount thereof shall be treated as outstanding.

Appears in 12 contracts

Samples: Sale Agreement, Sale Agreement, Sale Agreement

TDS. If applicable, the tax deduction at source (TDS) under the Income Tax laws shall be deducted by the Allottee Allottee(s) on the consideration payable to the Promoter and the same shall be deposited by the Allottee to the concerned authority within the time period stipulated under law and the Allottee Allottee(s) shall provide proper evidence thereof to the Promoter within 60 (sixty) days of such deduction. If such deposit of TDS is not made by the Allottee Allottee(s) to the concerned authority or proper evidence thereof is not provided to the Promoter, then the same shall be treated as default on the part of the Allottee under this agreement and the amount thereof shall be treated as outstanding.

Appears in 6 contracts

Samples: Agreement for Sale, Assignment Agreement, Sale Agreement

TDS. If applicable, the tax deduction deductable at source (TDS) under the Income Tax laws shall be deducted by the Allottee Allottee(s) on the consideration payable to the Promoter and the same shall be deposited by the Allottee to the concerned authority within the time period stipulated under law and the Allottee Allottee(s) shall provide proper evidence certificate thereof to the Promoter within 60 (sixty) days of such deduction. If such deposit of TDS is not made by the Allottee Allottee(s) to the concerned authority or proper evidence certificate thereof is not provided to the Promoter, then the same shall be treated as default on the part of the Allottee under this agreement and the amount thereof shall be treated as outstanding.

Appears in 5 contracts

Samples: Construction Contract, Sale Agreement, Sale Agreement

TDS. If applicable, the applicable tax deduction at source (TDS) under the Income Tax laws shall be is deducted by the Allottee on the consideration Consideration for Apartment payable to the Promoter and the same shall be deposited by the Allottee to the concerned authority within the time period stipulated under law and the Allottee shall provide proper evidence thereof to the Promoter within 60 (sixty) days of such deduction. If such deposit of TDS is not made by the Allottee to the concerned authority or proper evidence thereof is not provided to the Promoter, then the same shall be treated as default on the part of the Allottee under this agreement these presents and the amount thereof shall be treated as outstanding.

Appears in 3 contracts

Samples: Sale Agreement, Sale Agreement, Sale Agreement

TDS. If applicable, the tax deduction at source (TDS) under the Income Tax laws shall be deducted by the Allottee Allottees on the consideration payable to the Promoter and the same shall be deposited by the Allottee Allottees to the concerned authority within the time period stipulated under law and the Allottee Allottees shall provide proper evidence thereof to the Promoter within 60 15 (sixtyFifteen) days of such deduction. If such deposit of TDS is not made by the Allottee Allottees to the concerned authority or proper evidence thereof is not provided to the Promoter, then the same shall be treated as default on the part of the Allottee Allottees under this agreement Agreement and the amount thereof shall be treated as outstanding.

Appears in 3 contracts

Samples: Agreement for Sale, Agreement for Sale, Agreement for Sale

TDS. If applicable, the applicable tax deduction at source (TDS) under the Income Tax laws shall be is deducted by the Allottee on the consideration Consideration for Apartment payable to the Promoter and Promoter, the same shall be deposited by the Allottee to the concerned authority within the time period stipulated under law and the Allottee shall provide proper evidence thereof to the Promoter within 60 (sixty) days of such deduction. If such deposit of TDS is not made by the Allottee to the concerned authority or proper evidence thereof is not provided to the Promoter, Promoter then the same shall be treated as default on the part of the Allottee under this agreement these presents and the amount thereof shall be treated as outstanding.

Appears in 3 contracts

Samples: Agreement for Sale, Sale Agreement, Sale Agreement

TDS. If applicable, the tax deduction deductable at source (TDS) under the Income Tax laws shall be deducted by the Allottee on the consideration Total Price except Extra and Deposits payable to the Promoter CGEWHO and the same shall be deposited by the Allottee to the concerned authority within the time period stipulated under law and the Allottee shall provide proper evidence certificate thereof to the Promoter CGEWHO within 60 (sixty) days of such deduction. If such deposit of TDS is not made by the Allottee to the concerned authority or proper evidence certificate thereof is not provided to the PromoterCGEWHO, then the same shall be treated as default on the part of the Allottee under this agreement and the amount thereof shall be treated as outstanding.

Appears in 2 contracts

Samples: Sale Agreement, Sale Agreement

TDS. If applicable, the tax deduction deducted at source (TDS) under the Income Tax laws shall be deducted by the Allottee on the consideration payable to the Promoter and the same shall be deposited by the Allottee to the concerned authority within the time period stipulated under law and the Allottee shall provide proper evidence thereof to the Promoter within 60 (sixty) days of such deduction. If such deposit of TDS is not made by the Allottee to the concerned authority or proper evidence thereof is not provided to the Promoter, then the same shall be treated as default on the part of the Allottee under this agreement and the amount thereof shall be treated as outstanding.

Appears in 2 contracts

Samples: Development Agreement, Development Agreement

TDS. If applicable, the applicable tax deduction at source (TDS) under the Income Tax laws shall be is deducted by the Allottee on the consideration Consideration for Apartment payable to the Promoter and Promoter, the same shall be deposited by the Allottee to the concerned authority within the time period stipulated under law and the Allottee shall provide proper evidence thereof to the Promoter within 60 (sixty) days of such deduction. If such deposit of TDS is not made by the Allottee to the concerned authority or proper evidence thereof is not provided to the Promoter, then the same shall be treated as default on the part of the Allottee under this agreement these presents and the amount thereof shall be treated as outstanding.

Appears in 2 contracts

Samples: Agreement for Sale, Agreement for Sale

TDS. If applicable, the tax deduction at source (TDS) under the Income Tax laws shall be deducted by the Allottee Allottee(s) on the consideration payable to the Promoter and the same shall be deposited by the Allottee to the concerned authority within the time period stipulated under law and the Allottee Allottee(s) shall provide proper evidence thereof to the Promoter within 60 (sixty) days of such deduction. If such deposit of TDS is not made by the Allottee Allottee(s) to the concerned authority or proper evidence thereof is not provided to the Promoter, then the same shall be treated as default on the part of the Allottee under this agreement and the amount thereof shall be treated as outstanding.this

Appears in 2 contracts

Samples: Sale Agreement, Partnership Agreement

TDS. If applicable, the tax deduction at source (TDS) under the Income Tax laws shall be deducted by the Allottee Allottees on the consideration payable to the Promoter and the same shall be deposited by the Allottee Allottees to the concerned authority within the time period stipulated under law and the Allottee Allottees shall provide proper evidence thereof to the Promoter within 60 (sixty) days of such deduction. If such deposit of TDS is not made by the Allottee Allottees to the concerned authority or proper evidence thereof is not provided to the Promoter, then the same shall be treated as default on the part of the Allottee Allottees under this agreement Agreement and the amount thereof shall be treated as outstanding.

Appears in 2 contracts

Samples: Agreement for Sale, Agreement for Sale

TDS. If applicable, the tax deduction at source (TDS) under the Income Tax laws shall be deducted by the Allottee Allottee(s) on the consideration payable to the Promoter and the same shall be deposited by the Allottee Allottees to the concerned authority within the time period stipulated under law and the Allottee Allottee(s) shall provide proper evidence thereof to the Promoter within 60 (sixty) days of such deduction. If such deposit of TDS is not made by the Allottee Allottee(s) to the concerned authority or proper evidence thereof is not provided to the Promoter, then the same shall be treated as default on the part of the Allottee under this agreement and the amount thereof shall be treated as outstanding.

Appears in 2 contracts

Samples: Sale Agreement, Sale Agreement

TDS. If applicable, the tax deduction at source (TDS) under the Income Tax laws shall be deducted by the Allottee on the consideration payable to the Promoter and the same shall be deposited by the Allottee to the concerned authority within the time period stipulated under law and the Allottee shall will provide proper evidence thereof to the Promoter within 60 (sixty) days of such deduction. If such deposit of TDS is not made by the Allottee to the concerned authority or proper evidence thereof is not provided to the Promoter, then the same shall be treated as default on the part of the Allottee under this agreement and the amount thereof shall be treated as outstanding.

Appears in 1 contract

Samples: Sale Agreement

TDS. If applicable, the tax deduction at source (TDS) under the Income Tax laws shall be deducted by the Allottee Allottee(s) on the consideration payable to the Promoter Owner and the same shall be deposited by the Allottee to the concerned authority within the time period stipulated under law and the Allottee Allottee(s) shall provide proper evidence thereof to the Promoter Owner within 60 (sixty) days of such deduction. If such deposit of TDS is not made by the Allottee Allottee(s) to the concerned authority or proper evidence thereof is not provided to the PromoterOwner, then the same shall be treated as default on the part of the Allottee under this agreement and the amount thereof shall be treated as outstanding.

Appears in 1 contract

Samples: Sale Agreement

TDS. If applicable, the tax deduction at source (TDS) under the Income Tax laws shall be deducted by the Allottee Allottee(s) on the consideration payable to the Promoter and the same shall be deposited by the Allottee to the concerned authority within the time period stipulated under law and the Allottee shall provide proper evidence thereof to the Promoter within 60 (sixty) days of such deduction. If such deposit of TDS is not made by the Allottee to the concerned authority or proper evidence thereof is not provided to the Promoter, then the same shall be treated as default on the part of the Allottee under this agreement and the amount thereof shall be treated as outstanding.

Appears in 1 contract

Samples: Sale Agreement

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TDS. If applicable, the tax deduction at source (TDS) under the Income Tax laws shall be deducted by the Allottee on the consideration payable to the Promoter and the same shall be deposited by the Allottee to the concerned authority within the time period stipulated under law and the Allottee shall provide proper evidence thereof to the Promoter within 60 (sixty) days of such deduction. If such deposit of TDS is not made by the Allottee to the concerned authority or proper evidence thereof is not provided to the Promoter, then the same shall be treated as default on the part of the Allottee under this agreement and the amount thereof shall be treated as outstanding.. Extra Charges:

Appears in 1 contract

Samples: Sale Agreement

TDS. If applicable, the tax deduction at source (TDS) under the Income Tax laws shall be deducted by the Allottee Allottee(s) on the consideration payable to the Developer/Promoter and the same shall be deposited by the Allottee Allottee(s) to the concerned authority within the time period stipulated under law and the Allottee Allottee(s) shall provide proper evidence thereof to the Developer/Promoter within 60 30 (sixtythirty) days of such deduction. If such deposit of TDS is not made by the Allottee Allottee(s) to the concerned authority or proper evidence thereof is not provided to the Promoter, then the same shall be treated as default on the part of the Allottee Allottee(s) under this agreement Agreement and the amount thereof shall be treated as outstanding.

Appears in 1 contract

Samples: Sale Agreement

TDS. If applicable, the tax deduction at source (TDS) under the Income Tax laws shall be deducted by the Allottee on the consideration payable to the Promoter and the same shall be deposited by the Allottee to the concerned authority within the time period stipulated under law and the Allottee shall provide proper evidence thereof to the Promoter within 60 (sixty) days of such deduction. If such deposit of TDS is not made by the Allottee to the concerned authority or proper evidence thereof is not provided to the PromoterPromoter within the aforesaid timeline, then the same shall be treated as default on the part of the Allottee under this agreement and the amount thereof shall be treated as outstanding.

Appears in 1 contract

Samples: Sale Agreement

TDS. If applicable, the tax deduction at source (TDS) under the Income Tax laws shall be deducted by the Allottee on the consideration payable to the Promoter and the same shall be deposited by the Allottee to the concerned authority within the time period stipulated under law and the Allottee shall provide proper evidence thereof to the Promoter within 60 30 (sixtyThirty) days of such deduction. If such deposit of TDS is not made by the Allottee to the concerned authority or proper evidence thereof is not provided to the Promoter, then the same shall be treated as default on the part of the Allottee under this agreement and the amount thereof shall be treated as outstanding.

Appears in 1 contract

Samples: Sale Agreement

TDS. If applicable, the tax deduction at source (TDS) under the Income Tax laws shall be deducted by the Allottee Allottees on the consideration payable to the Promoter and the same shall be deposited by the Allottee theAllottees to the concerned authority within the time period stipulated under law and the Allottee Allottees shall provide proper evidence thereof to the Promoter within 60 15 (sixtyFifteen) days of such deduction. If such deposit of TDS is not made by the Allottee Allottees to the concerned authority or proper evidence thereof is not provided to the Promoter, then the same shall be treated as default on the part of the Allottee Allottees under this agreement Agreement and the amount thereof shall be treated as outstanding.

Appears in 1 contract

Samples: Agreement for Sale

TDS. If applicable, the tax deduction at source (TDS) under the Income Tax laws shall be deducted by the Allottee Allottees on the consideration payable to the Promoter and the same shall be deposited by the Allottee Allottees to the concerned authority within the time period stipulated under law and the Allottee Allottees shall provide proper evidence thereof to the Promoter within 60 (sixty) days of such deduction. If such deposit of TDS is not made by the Allottee Allottee(s) to the concerned authority or proper evidence thereof is not provided to the Promoter, then the same shall be treated as default on the part of the Allottee Allottees under this agreement and the amount thereof shall be treated as outstanding.

Appears in 1 contract

Samples: Assignment Agreement

TDS. If applicable, the tax deduction at source (TDS) under the Income Tax laws shall be deducted by the Allottee on the consideration payable to the Promoter and Promoterand the same shall be deposited by the Allottee to the concerned authority within the time period stipulated under law and the Allottee shall provide proper evidence thereof to the Promoter within 60 (sixty) days of such deduction. If such deposit of TDS is not made by the Allottee to the concerned authority or proper evidence thereof is not provided to the Promoter, then the same shall be treated as default on the part of the Allottee under this agreement and the amount thereof shall be treated as outstanding.

Appears in 1 contract

Samples: Sale Agreement

TDS. If applicable, the tax deduction at source (TDS) under the Income Tax laws shall be deducted by the Allottee on the consideration payable to the t he Promoter and the same shall be deposited by the Allottee to the concerned authority within the time period stipulated under law and the Allottee shall sha ll provide proper evidence thereof to the Promoter within 60 (sixty) days of such deduction. If such deposit de posit of TDS is not made by the Allottee to the concerned authority or proper evidence thereof is not provided prov ided to the Promoter, then the same shall be treated as default on the part of the Allottee under this agreement ag reement and the amount thereof shall be treated as outstanding.

Appears in 1 contract

Samples: Unit Sale Agreement

TDS. If applicable, the tax deduction at source (TDS) under the Income Tax laws shall be deducted by the Allottee Allottee(s) on the consideration consideration/premium payable to the Promoter and the same shall be deposited by the Allottee to the concerned authority within the time period stipulated under law and the Allottee Allottee(s) shall provide proper evidence thereof to the Promoter within 60 (sixty) days of such deduction. If such deposit of TDS is not made by the Allottee Allottee(s) to the concerned authority or proper evidence thereof is not provided to the Promoter, then the same shall be treated as default on the part of the Allottee under this agreement and the amount thereof shall be treated as outstanding.

Appears in 1 contract

Samples: Sub Lease Agreement

TDS. If applicable, the tax deduction at source (TDS) under the Income Tax laws shall be deducted by the Allottee Allottees on the consideration payable to the Promoter and the same shall be deposited by the Allottee Allottees to the concerned authority within the time period stipulated under law and the Allottee Allottee(s) shall provide proper evidence thereof to the Promoter within 60 (sixty) days of such deduction. If such deposit of TDS is not made by the Allottee Allottee(s) to the concerned authority or proper evidence thereof is not provided to the Promoter, then the same shall be treated as default on the part of the Allottee Allottees under this agreement and the amount thereof shall be treated as outstanding.

Appears in 1 contract

Samples: Sale Agreement

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