Share of tds should be 50:50 if tds on immovable property
This query is : Resolved
11 November 2015
Two parties that is husband & wife purchased a house of 1crore. Share for purchase of house is 50:50. As per law Tds should be paid by both the parties 50:50 but husband deducted tds on all amount and not wife. Notice came to wife for non payment of Tds. and not to husband. Other story is that registrar has registered house in the name of husband. But it should be registered in both names. Now please tell me if can wife be exempted for payment of tds. if not on what grounds.
11 November 2015
If registration is done in Husband's name, notify the same to TDS authority.
Secondly, also notify them, that the TDS has been duly deducted and paid from HUSAND. The inclusion of wife;s name is only for the sake of family convenience.
Secondly, also notify them, that the TDS has been duly deducted and paid from HUSAND. The inclusion of wife;s name is only for the sake of family convenience.
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
- STCG....................................................
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- Treatment of Pension ?annuity returns on PMVY
- TAN for Partnership
- Loan by Partnership Firm
- TDS related Query_Liquidated Damages
- CA IPCC Registeration in 2012, Is my registration Active or Expired
- Specified Profession
- STCG FOR GOLD ETFs
- Soyabean hsn code and gst rate
- NON- SUBMISSION OF LLP FORM 3
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Small dealers gst returns filing
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- GST Cancellation without jurisdiction
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
