If Sale deed registerd in Ass 24/25 but tds on property deducted in Ass Yr 23/24.
What to do?
Replies (2)
Quick Summary
This discussion addresses a common query regarding Long Term Capital Gains (LTCG) on property sales. Specifically, it tackles the confusion arising when the Tax Deducted at Source (TDS) on the property was deducted in Assessment Year 23/24, but the sale deed was registered in Assessment Year 24/25. The core issue is how to correctly report this in your Income Tax Return (ITR) and reconcile the differing financial years.