Capital Gain tax liability

Unless any liability of the tax payment transferred under GPA, it rest on the owner of the peoperty.

MY CLIENT RECEIVED A SETTLEMENT DEED FROM HER HUSBAND 2006, NOW SHE WANTS TO SELL FOR 1 CRORE. SHE GOT 3 CHILDRENS (2 OF THEM ALREADY ASSESSEES INDIVIDUALLY). FOR THIS SALES AMOUNT SHE GOING TO DISTRIBUTE THE 1 CRORE TO 4 PERSONS INCLUDE HER. NOW THE PURCHASER WILL PAY ONE CHEQUE /OR DD TO THE SELLER. WHAT IS THE TAX? AND HOW TO REFUND THE TAX IF PAID BY PURCHASER? 

 

As per the deed, who is the owner of the property?

If only single........ purchaser will pay the total amount to that single owner........ for which she alone will be liable for capital gains tax. By filling IT return she can claim any excess amount from the TDS deducted by purchaser......