Repurcussions for seller due TDS on sale of property

This query is : Resolved 

Quick Summary
If you've sold a property valued over 50 lakhs and the buyer failed to deduct and deposit the TDS (Tax Deducted at Source), your primary responsibility as the seller is to declare this sale in your Income Tax Return (ITR) and pay the applicable tax. There are no further obligations for you in this scenario.

18 August 2025 I have recently sold a propert whose value was more than 50 lakhs. The buyer has not deducted and deposited TDS on sale of property. What are the repercussions for me as a seller?

18 August 2025 You declare the sell in your ITR & pay liable tax. No other obligation.

23 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



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
19 September 2026
CA/Semi-CA/BCom

Pravin Sarvaiya

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 16 September 2026
CA Article Trainee

SR BAGAI & Co.

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 07 September 2026
CA Articles

Kothari Jain Patil & Chartered Accountants

Pune

CA Inter

View Details
Company
30 September 2026
Senior Accountant

Codeboard Technology

Chennai

B.Com

View Details
Company
Featured 11 September 2026
Audit Executive

RBSM Corporate Advisors Private Limited

Pune

CA

View Details
Company
15 September 2026
Client-site CA associate

Aditya Muley and Co

Mumbai

CA

View Details
Company
08 September 2026
Audit Executive

Thammana & Associates

Srikakulam

B.Com

View Details
Company
18 September 2026
Accounts & Finance Specialist

ULTRA CHEMICAL WORKS

Thane

CA Final

View Details