Tds on property

ITR 393 views 2 replies

MY MOTHER IN LAW PURCHASED A HOUSE IN DELHI AND DEDUCTED TDS AS REQUIRED BY INCOME TAX RULES> TAX WAS DEDUCTED AND SUBMITTED ONLINE AS PRESCRIBED IN INCOME TAX RULES>

DO I NEED TO FILE ITR EVEN IF HER ANNUAL INCOME IS BELOW TAXABLE LIMIT>

 

Replies (2)

If you have deposited TDS on property in online mode then acknowledgement of payment cum return in  26QB form is generated from income tax online system.

There is no provision futher to file normal annual ITR by TDS deductor based on the above transaction.

COMPLETLY AGREE WITH PANKAJ JI........ 


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