Tds on sale of immovable property (sec 194ia)

Tax planning 1040 views 2 replies

Dear all

If my purchaser deduct the 1% TDS on sale of property then can I claim back for refund this TDS.

Please clearify this TDS matter.

Thanks

Edward

Replies (2)
yes you can claim this tds while filing your income tax return.

Hi

Incase your income is not taxable in India or you have deposited excess tax or tax has been deducted from your income, whereas you are liable to pay less amount of tax out of your total income, you will get refund. Refund can only be claimed if an income tax return is filed.

In case of any query kindly pm me or mail me.

AJH & CO

anubhavjain @ ajhco.in

9868729930


CCI Pro

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