TDS on buyback of flat

Depends upon the terms of cancellation. Generally refund amount is capital asset and not liable for tax or TDS......... but any compensation paid is termed as 'interest' and liable for TDS. [ Income Tax Officer (TDS) Vs M/s Beacon Projects P Ltd, All ITAT (4283) ITAT Cochin (62)]

BUT SIR AFTER ITAT COCHIN JUDGEMENT, ASSESS HAD APPEALED IN KERAL HIGH COURT, AND AS PER HC JUDGEMENT TDS IS NOT DEDUCTIBLE 194A.