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TDS for property change

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Hello!

I recently exchanged my under construction apartment with the builder, after the Sale Agreement was executed, and TDS payment made on the original apartment. I have given up the original apartment and got my booking changed to another apartment in the same community. The original sale agreement was cancelled alongwith an underwriting statement that I do not have claim on the original apartment.

Got the sale agreement executed for the new apartment now. I am trying to make a correction on this property change on TRACES portal using Request for Correction. It is asking about Stamp Duty value. Since I did not make a sale, why is it asking for Stamp Duty and how do I find that amount?

Any information on the exchange process related to TDS deduction payment/stamp duty on TRACES would be helpful?

Replies (1)
It is asking stamp duty bcoz if the stamp duty is more than the agreed value tds applies on stamp duty. you have to approach your sub registrar office to get stamp duty value


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