Tds on propery


This query is : Resolved 

Quick Summary
A user mistakenly deducted 1% TDS on a property purchase instead of the correct 0.75%. The system is preventing them from proceeding with tax payment due to this discrepancy. The advice is to pay the amount the system allows and then arrange a refund of the excess 0.25% TDS back to the seller of the property.

21 August 2020 we have purchase property we have deducted tds 1% instead of 0.75 but when i pay tax & change tax amounts manually system not allow me to go further to prepare 26QB Please your valued suggestion.

21 August 2020 Pay the amount allowed by the system, refund excess amount deducted.

22 August 2020 REFUND 0.25% TDS TO SELLER OF PROPERTY


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