TDS on Sale of Property
This query is : Resolved
01 April 2021
Me and my wife( Joint buyers) are purchasing a resale flat for which agreement to sale has been registered in March 2021. I am also availing Home Loan for same I have paid the Sellers ( Husband and Wife) my own contribution of 20%( except the TDS amount) on day earlier to agreement to sale . I have paid the complete TDS by submitting 4 different 26QB form with unique seller - buyer combination on 31st March 2021. But the Home Loan will be now disbursed in first week of April around 10th April and Sale Deed for same flat will be executed and register around same date. In above scenario , will I have to apply for correction in 26QB form since the complete TDS for sale consideration amount was done in March 2021, whereas the Home Loan amount will be disbursed in April 2021
Ganeshbabu K
(Expert)
01 April 2021
No need to do any correction,
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