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TDS u/s 194IA

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26 July 2016 if transfer of rural agricultural land and builder has deducted TFS u/s 194 IA ,then what should i do , cause as this section not applicable to rural agricultural land .

26 July 2016 sale of agriculture land is exempt . no capital gain will arise. you should file your return and claim refund by showing this as exempt income

26 July 2016 thanks a lot




26 July 2016 do I need to show amount in return ?

27 July 2016 yes under exempt income

26 October 2021 Check properly, it cannot be rural agricultural land, as it is purchased by builder. How come TDS u/s. 194IA was deducted?



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