TDS on Property

Save Share

This query is : Resolved

Quick Summary

A taxpayer sold a property and had TDS deducted, showing Rs. 60,000 in their 26AS statement. However, the Income Tax Department only credited Rs. 30,000 in their return processing. Despite multiple revised returns, the demand persists. The advice given is to check the 26AS statement carefully and, if the issue remains, to raise a grievance through the e-Nivaran portal on the incometaxindiaefiling.gov.in website.

sanjay

sanjay (Querist)
Follow

26 August 2020 Hello All
I filled the return for the asstt yr 19-20. I have sold the property in that year and the TDS on it was deducted for Rs.60000/. The property was purchased by joint holders and deducted 30000/- and 30000/- respectively. I had claimed the TDS amount in my return for rs.60000/ as it is showing in 26AS, but after processing the income tax dept is giving credit of TDS 30000/- only. I don't understand the reason why it is happening. I have made rectifications and revised the return 2 times but the demand stands as it is.
Pl guide how can I proceed.
Regards

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
Follow

26 August 2020 Check 26AS now' TDS may be available only for 30,000.

sanjay

sanjay (Querist)
Follow

26 August 2020 Sir
Till date TDS is showing 60000/-. I have checked. Pl advise.
Regards

sanjay

sanjay (Querist)
Follow

26 August 2020 Sir
Till date TDS is showing 60000/-. I have checked. Pl advise.
Regards

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
Follow

26 August 2020 Follow the steps below to raise the grievance.
Step 1: Visit www.incometaxindiaefiling.gov.in. Log in to your account.
Step 2: On the e-filing website, under the 'e-Nivaran' tab, select 'Submit Grievance' option. ... In the description box, you have to write the details of your grievance

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!