Section 194ia


(Querist)
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 (Expert)


Click to Talk 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,

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


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