Dear CA group,
I have booked a home in the FY22-23 and for that I am paying the amounts as mentioned in yearly paying plan shared by builder. so I have paid builder partial amount in FY22 and also will be paying amounts in FY23 , FY24, FY25.
For the amounts i have paid FY22-23, there is a TDS that I am depositing using the form 16B. The amount of TDS that I have paid is also reflecting in the Annual Information Statement (AIS) form.
I need help to understand on two questions from the ITR 2 perspective
1. if those amounts that I have paid using 16B needs to be reported under below in the ITR ?
TDS 3 - Tax Deducted at Source (TDS) on Income
As per Form 16B/16C furnished by Deductor(s)
2. If it needs to be reported then for question , "TDS credit relating to [Spouse as per section 5A/Other person as per Rule 37BA(2)]" where self and other person options are coming . what is to be selected here ?
I am salaried person with additional income due to capital gains and filing ITR 2.
Thanks for your guidance.
regards
KV
CAclubindia
