Refund of TCS deposited on purchase of immovable residential property
This query is : Resolved
12 June 2025
I have deposited TCS against purchase of a residential property. Can I claim refund of that deposit while filing my ITR?
If Yes, where should I show that deposited TCS? "Advance Tax"?
If Yes, where should I show that deposited TCS? "Advance Tax"?
12 June 2025
You would have deducted TDS of 1% over the payment given to Seller of the property. Only seller can claim the TDS in his/her ITR; not the purchase who deposited the TDS.
27 September 2025
Good luck..
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
- DELIVERY GOLD & SILVER AND OTHER ETF TRADING PROFIT AS BUSINESS INCOME
- Clubbing of Income - Minor
- Regarding Individuals Retuned to India and Resident currently
- Excess salary payment.
- Provision for loans that are under Revenue Recovery
- 3cd- cash system of accounting is allowed?
- APPLICABILITYOF GST ON STUDENT HOSTEL FEES
- Form 121-contradictory opinions
- Is Personal Guarantee of Director is Compulsory in case of loan to company ??
- Stamp Paper for partnership firm change new income tax 2025
- Ltcg 54ec bonds
- GSTR-1A How to update Invoice
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
