TDS not paid for the property agreement value 55 year 2018 as a joint owner


This query is : Resolved 

Quick Summary
If you purchased a property in 2018 as joint owners for over 50 lakhs and didn't pay the required 1% TDS, you may still have options. While you can't deduct TDS from the seller now, obtaining a certificate from the seller's Chartered Accountant confirming they've declared the sale and paid taxes can protect you from liability.

19 August 2025 Hi Sir

we bought property in 2018 as joint owner me and my wife names agreement value was 55 lacs. that time we did not ask to pay TDS and we were not aware about it but now i got to know that >50 lacs we have to pay 1% TDS now its 2025 what should I do?

19 August 2025 Now you cannot deduct TDS from seller's payment and pay the amount to government. The TDS is not required to be paid from your pocket. If possible get the certificate from seller's CA that the seller has filed relevant ITR with declaration of the sell of the house property, as such paid liable tax over it. That protects you from your said liability.

22 September 2025 Good luck..


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