Hi...Buyer did not deduct 1% TDS on purchase of property which is 73lacs (bought in March 2018). Does he have to pay the 1% TDS and the interest and penalty? The seller is not ready to pay anything. Please advise the course of action to close this. Thanks in advance for your help!
Menu
Tds on purchase of property
Replies (2)
He will receive the income tax notice. So you do not have to worry about it.
who will recieve the notice? buyer or seller?
Recent Threads
- Family Pension Army
- Waste Management services
- Seeking Clarity: New Transport Allowance Limits (D
- Query regarding Consolidated Gift Deed for Bank Tr
- TDS u/s194IB - Joint Ownership
- Free GST Reconciliation Tool in Google Sheets R
- NRI return after due date refund case
- TDS u/s 194J - training honorarium
- WHERE TO REGISTER UNDER PTRC AND PTEC ACTS ?
- Key Corporate Compliance Requirements for Private
Related Threads
CAclubindia
