Section 194ia

This query is : Resolved

Subhash (Querist)
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26 June 2019 NRI had purchased a property on 20.03.2014 for Rs. 1 crore and no tax was deducted due to ignorance of this provision.

Now the department has issued a show cause notice for the default.

What remedy can be availed in this case.

Thanks.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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26 June 2019 Obtain a CA certificate and reply to the notice enclosing the certificate that the seller has filed ITR and paid applicable taxes on this sale. Request to drop the proceedings in view of non deduction due to ignorance and seller complied with tax provisions,

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Subhash

Subhash (Querist)
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26 June 2019 Thanks a lot sir for your valuable guidance.