Tds on property purchased


This query is : Resolved 

04 December 2014 We purchased resident property of Rs. 1cr. We Took loan from financial Company.

Company whole payment to seller through Financial company (loan).

Company Deduct Tds on Property Form which company?
Seller or Financial Company (Loan Party).


04 December 2014 "WE" in the above query should make the TDS. ok?
Dont bring and confuse the finance company in between. ok?

It seems that you have made ALL the payment to seller and therefore you are in soup.
In that case, REQUEST the seller to give you back the amount of TDS, else tell him you will infor the Income Tax Department.

04 December 2014 Thanks Amol to clarify my Query

12 December 2014 You are most welcome.
.
.


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



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
16 October 2026
CA article trainee

Zerdi & Co. Chartered Accountants

Pune

CA Inter

View Details
Company
Featured ARTICLESHIP 28 October 2026
CA- Inter and Articles

N N V Satish & Co.,

Hyderabad

CA Inter

View Details
Company
ARTICLESHIP 20 October 2026
CA ARTICLE

AMKN & CO

Noida

CA Inter

View Details
Company
Featured 29 October 2026
Accounts Executive

Synergy Keystone

Chennai

B.Com

View Details
Company
Featured 07 November 2026
Paid Assisstant

DPV & Associates

Chennai

CA Inter

View Details
Company
ARTICLESHIP 23 October 2026
CA Articleship / Article Assistant

M N Rao & Associates LLP

Vijayawada

CA Inter

View Details
Company
12 November 2026
Tax Product Specialist

BharatX.ai

Gurgaon

B.Com

View Details
Company
ARTICLESHIP 17 October 2026
Articled Assistant

RRPM & Associates LLP

Chennai

CA Inter

View Details