banner_ad

TDS Deduction on behalf of seller

TDS 385 views 4 replies

I have purchased a flat of 86 lacs in my and mother name....I have made the complete payment through self funding and loan(on loan document mother has also signed as she is coapplicant in flat registry paper but I will be paying the all EMIs). My mother is a housewife.She does have any source of income.


I deducted and submitted 1% tds from my and mother PANs i.e. 43k from my pan and 43k from mother pan on the seller PAN ...is this fine ?



Replies (4)

Yes, provided the seller is Indian Resident.

Mother is a housewife...she has not made any contribution.....so is it fine if I deducted tds from her PAN as well as her name is there in registry paper

If both the buyers have deducted TDS, who paid the amount doesn't matter.

You hv to deposit tds from mothers pan


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details