Devanahalli: An enchanting experience for life!

Devanahalli came to prominence after the establishment of the Kempegowda International airport in 2008. Our integrated community is located in close proximity to the International Airport and brings together the elements of deluxe living. A well-appointed club house, lush herbal park and vast expanses of greenery will create a lifetime of joyful memories for you. We have created an ecosystem that is a blend of traditional as well as contemporary designs thereby catering to the tastes of the modern generation. Our luxury apartments in Devanahalli, Bangalore are designed to lend the right ambience. 

Let the finer life take stage 
We have also created spacious residences for those wanting to live in apartments at Devanahalli. Marked by neo-classical architecture, the apartments in Devanahalli here range from 1188 sq. ft. to 2743 sq. ft and are bound to appeal to your sensibilities. You can buy flats for sale in Bangalore as House of Hiranandani offers quality at reasonable prices.

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Special OFFER :A scheme to help you get close to House Of Hiranandani Cypress, Crossgate and Cottages


The Finance Act, 2013 introduced a new section 194IA, which mandates tax withholding of 1 percent (1%) by the transferee (i.e. Buyer) on credits or payments (whichever is earlier) made to a transferor (i.e. seller) in relation to the transfer of immovable property, being land (other than agriculture land) or a building or part of the building, if the consideration for such a transfer of property is Rs 50 lacs or more. The said section is effective from 1st June, 2013.

In light of the above, the buyer is required under Section 194 IA of the Income Tax Act, 1961, to deduct the withholding tax of 1 percent (1%) in respect of credits or payments made to the seller, whichever is earlier, from 1st June, 2013 and deposit the same with the statutory authorities and produce the copy of the challan to the seller for its records. The credit of the amount so deposited would be given to the buyer only when the seller has ensured that the tax so paid has been correctly reflected in 26AS Statement of the Company.

For the PAN number of your seller, and in this case, the Company through which a contract for transfer of immovable property has been entered into, please contact your relationship manager, or customer service agent.

To know more about the Section 194 IA of Income Tax Act 1961, and to pay the tax through e-payments, please follow the link mentioned below which will help educate you on the process and steps to be followed to make tax payments online.
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