banner_ad

Tds on property (form 26qb)

This query is : Resolved 
Profile Image

Profile Image

(Querist)
12 February 2018 An assessee has paid tds on a property purchased from a builder in F.Y.2014-15. Now in F.Y 2016-17 if due to some reason he wants to cancel that property and buy another property from the same builder. Whether he will be required to deduct TDS again or we can adjust the TDS amount..how will it work??
Profile Image

Arpit

Profile Image

Arpit (Expert)
12 February 2018 you need to deduct the tds again and cannot take adjustment of the previous tds which has been deducted for some other property
Profile Image

RAJA P M

Profile Image

RAJA P M (Expert)
12 February 2018 No way for Adjustment... Assessee will accept the Deduction of TDS again.
Profile Image

Arpit

Profile Image

Arpit (Expert)
13 February 2018 you need to deduct the tds again and cannot take adjustment of the previous tds which has been deducted for some other property
Profile Image

Dhirajlal Rambhia

Profile Image

Dhirajlal Rambhia (Expert)
21 October 2021 But you can get back TDS from department, based on cancelled terms.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details