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IMMOVABLE PROPERTY PURCHASED TAX DEDUCTED

Tax queries 239 views 1 replies

ONE PERSON BUYING AN APARTMENT VALUE RS.7500000/-

IN HIS 26AS SHOWS 75000/- TDS U/S.194IA  FOR 7500000/-

THIS AMOUNT BUYER NEED NOT TO CLAIM OR? ACTUALLY THIS PERSON IS A SALARIED INDIVIDUAL , AIS SHOWS SALARY WITH TDS , INTEREST FROM SB  AND PURCHASE OF PROPERTY WITH TDS ALSO. THIS AMOUNT RELATING TO BUYER OR SELLER SIR?

Replies (1)

Only Seller can claim the TDS not the buyer.


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