Ltcg sec 54 deduction disallowed by cpc

Dear Jaya,

Thanks for clarification regard Tds issue. Can u please help me in finding the reasons CPC disallowed the deduction

@ Shilpa Baid:

Firstly intimation u/s 143(1) is just an intimation and not an assessment. 

Secondly if the intimation failed to claim deduction then you can file rectification request u/s 154. However the TDS not deducted on property purchased could not be the reason for disallowance of exemption u/s 54 as u/s 54 or u/s 194IA, nothing has been mentioned about disallowance.  However penalty and interest would be levied for non deduction of tds.

@ Jaya krishna:

As per Sec 194IA, it is any person. It need not be such person has to be under tax audit provisions. 

@ Jaya Krishna:

Its not rectification return. It is rectification of mistake u/s 154.