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PAN - AADHAR LINK

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Hi

A friend of mine purchased a residential property and there are four joint owners for the same.

He deducted 1%of the consideration as TDS and deposited the same.

Of four owners, he got e- mail confirming no default for 3 owners, and another mail telling  there was default on one of owner on Pan and aadhar not being linked and was asked to deposit 20% of consideration as TDS.

Since the registration is not done yet, should he convince one of the seller to deduct the 20% tds?

Also, please let me know will the seller able to ge the refund of the TDS deducted at higher rate.

Or is there any other options available 

Thank you and looking forward for the best solution 

Replies (2)
Quick Summary
If a seller's PAN is inoperative (not Aadhaar-linked), buyer must deduct 20% TDS on that share. Seller can claim refund via ITR. Best approach: complete PAN-Aadhaar linking before payment to avoid higher TDS.

Yes, if PAN remains inoperative at the time of payment, buyer must deduct 20% TDS on that seller’s share.

Yes, seller can claim refund while filing ITR.

Best solution: Get PAN-Aadhaar linked before making payment.

If pan adhaar is not linked one cannot operate bank account.


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