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Query in tds on sale of property.

This query is : Resolved 
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(Querist)
14 October 2015 Hi, I sold my house and the buyer deducted tds of Rs. 105000. I immediately bought another house where tds I am supposed to deduct is Rs. 157000. My tax advisor is suggesting I should deduct 157000 and pay only the differential amount of Rs. 52000. Is this treatment correct? If not, what is the right thing and how can I claim deduction for the 105000? Pls help.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
14 October 2015 You have to deduct 157000 and pay the full amount to Govt. File return and claim refund of 105000 that is the right way.
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Siddharth

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Siddharth (Querist)
14 October 2015 Okay... So I can take the tds credit like any other tds in 26AS after showing the capital gain transaction in the ITR?
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
14 October 2015 Yes you are right.........
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Siddharth

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Siddharth (Querist)
14 October 2015 Okay... Thank u so much. :)
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