31 May 2025
I have purchased a property on which I am liable to deduct TDS. The builder asked me to deduct TDS on the last payment. So while filling the TDS challan, I have selected the Lumpsum option showing sale consideration as the amount being paid . But in the lumpsum option, I also have to disclose the Value of property for stamp duty purposes, which the builder has not worked out till now. Although I am sure that the stamp duty value is going to be less than the sale consideration ( as per the builder ) so the TDS will be calculated on the Sale consideration only. In such a case can I fill the stamp duty value of the property the same as sale consideration? Is there a possibility that if i fill the sale consideration amount as the stamp duty value also in the TDS challan, the authorities will compel me to pay stamp duty on the same amount