TDS ON SALE OF PROPERTY
This query is : Resolved
09 May 2020
Dear Sir
I want ask about tds on sale of property we have deposited tds on sale of property in march, 2020 but regisrty has not been done in march, 2020 due to covid-19 and therefore we can take refund of tds deposited or adjusted such tds as self assessment tax at the time of filling ITR.
I want ask about tds on sale of property we have deposited tds on sale of property in march, 2020 but regisrty has not been done in march, 2020 due to covid-19 and therefore we can take refund of tds deposited or adjusted such tds as self assessment tax at the time of filling ITR.
09 May 2020
Seller can claim TDS credit while filling ITR.
09 May 2020
It is not affected by registry and the seller will get the credit of the same for F.Y. 2019-20. It will be appearing in form 26AS and can be adjusted with his Income Tax Liabilities or if they do not have any liability, they will get a complete refund of the same.
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