TDS on sale of house property

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student
333 Points Posted on 12 December 2020
House property purchased by NRi for 9700000. out of this 2000000 advance paid and tds 20000deducted and paid in 22 Mar 2020 .balance 7680000 is to be paid to seller in 26 nov 2020.seller is lady and her husband doesn't exist. She has 1 son and daughter. Son 25 lakh and daughter 25lakh and for wide 47 lakh is splitup amount . TDS deducted from lady including children's share .Tds to be paid fully in wife name or to son and daughter account respectively. please let me know this in detail.
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On 12 December 2020 at 20:20 Report
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Quick Summary
This discussion clarifies the Tax Deducted at Source (TDS) implications when an NRI purchases a house property. It addresses the scenario where an advance payment is made with TDS deducted, and the balance payment is split among the seller's family members. The consensus is that the TDS should be reported and paid under the seller's PAN, even if payments are made to her children. The amounts paid to the son and daughter directly should not be reflected in Form 16B for the seller.

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Tax consultant
5895 Points Posted on 12 December 2020
As the property is sold by the lady or say wife then tds is fully on her name
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On 12 December 2020 at 21:36
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Accountant
3662 Points Posted on 12 December 2020
Agree with Ms. Ayusmita
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On 12 December 2020 at 22:01
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student
333 Points Posted on 12 December 2020
Tds to be paid with wife's PAN right??
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On 12 December 2020 at 22:03
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Accountant
3662 Points Posted on 12 December 2020
Yes.....
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On 12 December 2020 at 22:29
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student
333 Points Posted on 13 December 2020
Then total 97lakh in the name of Lady to be shown as sale consideration and tds to be paid in name of that lady. Son and daughter were issued DD each 25lakh shouldnot be shown in 26QB for form 16B right?
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On 13 December 2020 at 16:40

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