I have paid the builder fully (including TDS) for all construction linked milestones and the builder has offered the flat for possession. So all items paid linked with Flat cost.
Alongside builder has also sent an invoice for additional charges including society formation, advance for maintenance, electricity meter & piped gas connection charges etc which includes a 1% TDS component that I need to pay. Should this TDS be filed as per for 26 QB?
If this needs to be paid as per for 26 QB - what should be included in the following fields:
- Date of Agreement/Booking
- Total Value of Consideration (Property Value)
- Date of Payment/ Credit made to Seller
- Pament type - Installment or Lumpsum
-
Date of DeductionPlease note that I have made the payment for above stated additional items to builder on 26 July 2025 and the only amount outstanding is for its TDS. Please advise.The property was purchased at 1 Cr (including 1 lakh TDS), now the demand from builder is for 3 lakhs and this has a 3 thousand demand for TDS.
CAclubindia
