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TDS DEDUCTED ON CAPITAL GAIN - CARRY FORWARD

This query is : Resolved 

10 February 2021 Dear All
Please note there was an advance payment received for Sale of property in FY 2019-2020. TDS was deducted for the same. Now that Sale happened in FY 2020-2021 and TDS was deducted for the balance amount in 2020-2021, how to deal with TDS of FY 2019-2020? Whether I can carry forward the same? And what will be the implications of TDS in FY 2020-2021 which is carry forwarded?

25 September 2021 Yes.
The bought forward TDS amount can be utilized in current year, against the sell transaction.


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