Can I claim the 1% TDS paid while purchasing new flat with cost more than Rs. 50 lack. If Yes How to claim?
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How to claim tds paid for purchase of new flat with cost more than rs. 50 lack
Replies (2)
Buyer of property (flat) can't claim the Tds. In simple language, Tds can be claimed by those persons who are generating income.Here purchaser is getting income.
buyer of the property can not claim tds
claim of the tds paid by buyer will be taken by seller..plz understand logic behind tds is to locate the person who is generating income
in other words ye ek trh ka reverse charge h
claim of the tds paid by buyer will be taken by seller..plz understand logic behind tds is to locate the person who is generating income
in other words ye ek trh ka reverse charge h
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