Property bought and Return filing regarding

This query is : Resolved 

23 June 2016 I have recently bought underconstruction flat in Jan 2016 and also I deducted TDS of seller form 26QB and issued form 16b to seller in march 2016. Now I want help in filing IT return for FY 2015-16(AY 2016-17). I am in profession so i fill form V always. What are the additional forms or other requirements to be filled for IT return perspective arises due to property. Thanks and Regards Vikas singh

23 June 2016 you continue filing itr 4. that is enough

23 June 2016 you can file itr in form -4.............

23 June 2016 Thank you very much for your reply.
Please tell me where shall I show this transaction amount in IT return.
Is the tds deducted by me of seller will be reflected in my return or not.
Pls clarify.

25 June 2016 You do not have to show this anywhere in your personal return.
For the TDS you need to file a separate TDS return 26QB

23 July 2016 Thank you very much for your reply. While filing ITR 4S at one place asking "Details of tax collected at source ".
Please tell me whether tax deducted by me as buyer of immovable property comes under this. I have already filed tds return form 26qb and issued form 16b to seller. Pls advise.


23 July 2016 Thank you very much for your reply. While filing ITR 4S at one place asking "Details of tax collected at source ". Please tell me whether tax deducted by me as buyer of immovable property comes under this. I have already filed tds return form 26qb and issued form 16b to seller. Pls advise.


25 July 2016 In ITR 4S...where is the column for Tax COLLECTED at Source ....can you please tell the sheet name?
It is there for Tax DEDUCTED at source......

25 July 2016 just under tax deducted at source row (tab is Tax details)

25 July 2016 you are not supposed to fill that.....
In COLLOQUIAL terms, although your thinking of having COLLECTED tax from SELLER of flat might be correct BUT NOT SO UNDER INCOME TAX.
For this you have already filed your return 26qb, isnt it?
Now in your return of income you dont have to show this......

25 July 2016 thanks a lot dear for your kind advise.

25 July 2016 you are most welcome.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro

Follow us
add to google news


Answer Query



Company
22 June 2026
Accountant

Global Image Technologies Private Limited

New Delhi

MBA

View Details
Company
Featured 15 June 2026
Senior Auditor

N. Dhawan & Co

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 27 June 2026
Article

SNCO

Mumbai

CA Inter

View Details
Company
22 June 2026
Finance Manager- Chartered Accountant

Triveni Turbine Limited

Bengaluru

CA

View Details
Company
19 June 2026
Accounts Executive

Getfive Advisors Pvt. Ltd.

Ahmedabad

CA Inter

View Details
Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details
Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details