Payment of tds on sale of property

This query is : Resolved 

10 April 2015 Pls let me know that if an buyer purchased a flat by taking a home loan from bank then the tds amount (tds on sale of property)which the purchaser has been deducted and deposited then how the buyer will recover the tds amount from the seller.

10 April 2015 Normally banks will finance up only up to 85% of the value of flat. TDS has to be deducted from the balance payment made by the buyer.


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