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Unpaid tds on immovable property read more at: http://www.c

This query is : Resolved 
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(Querist)
24 December 2016 Dear All,

My Name is Sandip Sawant & i'm Indian but Non Resident in India for last 4 Years & i did't filed Income Tax Return.
I have purchased property of Rs. 75 Lakhs and till date i have paid approx Rs. 52 Lakhs slabwise payment. I did not know about TDS on immovable property & till date i didn't pay TDS on the property paid value. Recently i have received income tax notice about the unpaid TDS & 26QB is not for NRI.

So, please guid me about TDS & interest on immovable property.

Thanks & Regards
Sandip Sawant
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
24 December 2016 Pay TDS amount of 1% along with 1% interest per month or part thereof using the challan 26 QB.
In your case the seller is resident Indian so 26QB applicable.
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