TDS 26QB property buyer

Hello, As a dedcuter ( property buyer ) i deducted 1% TDS on value of property, paid the same in last week. 1% TDS ON value of property Rs. 22500000 ie. 225000.

But on contrary Deductee can see only 168750 (ie. 0.75% tds ).

So want to know what about difference amount as sale deed happened after lockdown but stampaper and other documentation done just day before lockdown so i have to pay 1% tds instead of 0.75% and i also do the same but why deductee has less amount of credit.

Please help
Replies (2)
Quick Summary
A property buyer deducted 1% TDS on a Rs. 2.25 crore property sale, amounting to Rs. 2,25,000. However, the seller (deductee) only sees Rs. 1,68,750 (0.75%) credited. The buyer believes they correctly applied 1% TDS due to sale deed finalisation post-lockdown, despite earlier documentation. They are seeking clarification on the Rs. 56,250 difference and suspect a technical issue related to the COVID-19 TDS reduction benefit.

Your form 26QB would have errors w.r.t date of credit/date of payment.
No it is completely correct there is no error from my side...it might be technical error due to covid benefit of 0.75% of tds as its match perfectly... instead of showing 225000, 168750 is there

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