I bought a house in 2012 for 60Lac and spent 4Lac on stamp duty, registration and brokerage. I sold it in 2013 for Rs 63lakhs and paid Rs 63000/- as TDS (1% of total value). For FY 2013-14, can I claim a refund of Rs 63000/- which I paid as TDS and also carry forward a short term capital loss of Rs 1 lakh for next FY?
Menu
Tds on property sale
Replies (1)
Yes offcourse you can cliam refund of TDS if not having any other tax liability, AND can carry forward ST capital loss for 8 succeeding AYs...
Recent Threads
- Hotel ITC
- ITR for Trust- 12A
- Proprietorship to Pvt Ltd - Is Slump Sale / BTA ma
- Pan and Aadhaar Link Issue
- Fund Transfer to Foreign Country and TCS provision
- ITR updated return
- Company change Status from CIRP into Active
- Can a LLP Park money in MFs and do F&O
- ACCOUNTING TREATMENT FOR FIXED ASSETS STANDING AT
- GST Rule 14A and Form GST REG-32: Simplified Regis
Related Threads
CAclubindia
