HI,
My sister purchased the property near to 53 lakhs in assessment year 2014-2015 and paid the 1% TDS of property but forget to submit form 16b to builder, get the amount from builder. NOW Builder saying without getting 16b e did not claim the TDS in 2014-15. What is procedure to get the amount from builder or Income tax department.
TDS return was filed successfully by your sister in 2014-15?
Ignorance in filing return of income is fault on the part of builder. You can claim that money from builder only and not from department.
He could have checked in his 26AS. Not receipt of form 16b by builder is mere an excuse
Ask him to talk in department that he wishes to revise his return in case possible and department agrees otherwise you need to file a case against him.
O P Bagla & Co LLP
New Delhi
CA Inter
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