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Residential Property Purchase Reflecting in AIS of 2024-25 Pertaining to 2019-20

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(Querist)
13 July 2025 We had purchased a residential property in joint names which included me, spouse & daughter. Since property value was Rs. 77 lakhs, TDS has been paid in fy 2019-20 & agreement to sale was signed in 2020-21. Subsequently the sale deed has been signed in 2024-25 and this transaction of sale deed is reflecting in AIS of 2024-25 for me, my spouse & daughter.

I have 2 queries:

1. Since the TDS has been paid in fy 2019-20 should we correct the same in AIS by option it under - Information pertains to previous year/PAN.

2. The entire TDS was paid by me since the entire payment is made by me. Should I show the transaction value as "0" for my spouse, daughter and the entire transaction value of Rs. 77 lakhs in my AIS.

Thanks
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
14 July 2025 For all the three respond information pertains to previous year.
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