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.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- TDS applicability in case of software payments to a foreign company
- Taxability with reference to DTAA
- Residential Status of Assessee
- Fixed Deposit through NRO Account
- Capital gains -1
- Income Tax Slab Rate and 87A Rebate
- Regarding TDS 194Q w.e.f 1 April 2025
- Slight spelling change in PAN Surname
- Clarification on Cost of Acquisition and Capital Gains Tax Treatment for Tata Chemicals
- Capital Gain on sale of Listed Equity Shares
- Non filling of GST return
- RATE OF GST ON STOCK TRANSFERR
- REGARDING TDS TCS...
- Rate of GST On Stock Transfering
- Writing on the bill while release payment
- PAN Allotement
- Shifting from Regular to Composition
- TDS ON OTA Commission
- GST INVOICE RAISED BY THE FRADULENT COMPANY WITHOUT THE KNOWLEDGE OF THE OTHER PARTY
- First Auditor was not appointed till 9 months
Trending Online Classes
-
GST LIVE Certification Course - 42nd Weekend Batch(With Govt Certificate)
Industry Expert17 May 2025
CAclubindia
