When a buyer of house property deducts TDS @ 1% and issues certificate form 16B to the seller, can the seller claim refund of the same against his normal tax liability or even against liability for capital gains tax?
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Tds on purchase of house property - claimable as refund?
Replies (1)
yes, as like other TDS on various heads, the tax deducted under section 194IA can also be claimed by the seller
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