Tds u/s 194ia and return

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Querist : Anonymous

Querist : Anonymous (Querist)

08 July 2014 A woman assessee having income from family pension and FD income has deducted TDS u/s 194IA while purchase of a flat.
This appears under PART F – Details of Tax Deducted at Source on Sale of Immovable Property u/s 194IA(For Buyer of Property)of 26 AS.
- My query is where to show this in the ITR Form or whether to show at all?
- Is ITR 1 the correct return form applicable in this case?

Thanks

Rupesh Jain

Rupesh Jain (Expert)

08 July 2014 you can file ITR-1 for if your exempt income below Rs. 5000/-
otherwise ITR-2.

Message likes : 1 times

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)

08 July 2014 no, itr 2 will be applicable.

Querist : Anonymous

Querist : Anonymous (Querist)

08 July 2014 My query is:

In case of a buyer of property who has deducted TDS u/s 194 IA - which also appears in PART F of 26 AS - how to show this in the return of income to be filed by the assesse?

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)

08 July 2014 in schedule where they are asking any tax deducted at source provide the details.

Querist : Anonymous

Querist : Anonymous (Querist)

08 July 2014 That is applicable for the seller - who gets benefit for TDS. I am talking of the buyer - where exactly in the return form do I show?

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)

08 July 2014 where u have deducted u have to show there only.

Querist : Anonymous

Querist : Anonymous (Querist)

08 July 2014 Mr Sampat - Can you be specific and tell the exact sheet in ITR?

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)

08 July 2014 since u are deductee they havent provided any schedule in itr 2 so u dont need to report if u have deducted.

Querist : Anonymous

Querist : Anonymous (Querist)

08 July 2014 Why will ITR2 be applicable if it is pension, FD interest and one house property? ITR 1 should be good enough?

Aashok Kumar Sharma online

Aashok Kumar Sharma

(Expert)

02 August 2025 You're asking an excellent technical question that trips up many first-time property buyers. Let’s clarify this **step-by-step**, especially focusing on:

* **Whether to report TDS deducted u/s 194IA (by the buyer)**
* **Which ITR form to use**
* **Whether and where to disclose it in the ITR**

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## ✅ **Context Recap:**

* The **assessee is a buyer** of immovable property.
* She has **deducted TDS** under **Section 194-IA** (1% on consideration > ₹50 lakh).
* This TDS shows in **Part F of Form 26AS**, which is **for information only** — it **does not affect her tax liability**.
* Income includes **family pension, FD interest**, and possibly **one house property**.

---

## 📌 **1. Is the TDS deducted u/s 194IA to be reported in ITR?**

> **No, there is no requirement to report the TDS deducted by the buyer under Section 194IA in the ITR form** — unless you have a **tax audit** or need to explain large transactions separately (e.g., under AIS in future years).

* **Form 26AS (Part F)** is informational: it confirms that **you (the buyer)** have complied with **TDS deduction rules**.
* This TDS is **not your income** and **does not affect your tax computation**.
* It is **not reported in TDS schedules** of your ITR because those are for **TDS on your income**, not TDS deducted by you on someone else’s income.

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## 📌 **2. Which ITR Form is applicable?**

Based on your facts:

| Income Type | Tax Treatment |
| -------------------------------------------------------------- | ------------------------------------------ |
| Family pension | **Taxable as “Income from Other Sources”** |
| FD Interest | Taxable as “Income from Other Sources” |
| No capital gains, business income, foreign income/assets, etc. | ✅ Eligible for **ITR-1** |
| One house property | Still eligible for **ITR-1** |

✅ **Use ITR-1** if:

* Total income is **below ₹50 lakh**
* No capital gains
* Exempt income (e.g., PPF interest) ** ₹5,000
* Capital gains
* More than one house property, etc.

---

## ✅ Summary:

| Question | Answer |
| ------------------------------------------- | ------------------------------------------------------------------------------- |
| Do I show TDS deducted u/s 194IA in my ITR? | ❌ **No**, not required. Not your income. Just appears in 26AS (Part F) |
| Do I need to fill any schedule for it? | ❌ No. There is **no schedule** in ITR-1 or ITR-2 for TDS deducted by buyer |
| Is ITR-1 applicable? | ✅ Yes, if only family pension, FD interest, and one house property |
| What if AIS shows property purchase? | Just make sure the funds are explained. No impact on current ITR unless queried |

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Let me know if you want help cross-checking **Form 26AS, AIS, or ITR summary**.

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