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.
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