For 26QB correction
This query is : Resolved
15 November 2022
While making a tds payment on sale of immovable property, I made a single payment for 2 co-owners (husband and wife sellers), hence entire sale and TDS amount is seen under one owner's name. Now Income tax has rejected the TDS return of the seller as he had stated only 50% of sales amount whereas 26AS is showing entire 100% of sale consideration. What needs to be done now in this case?
15 November 2022
TDS return might have been accepted but income tax return might have been treated as defective return.
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