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TDS on Sale of Property

Tax queries 258 views 3 replies

Sale of property happened in 2018-19 but purchase deposited TDS on sale of property deducted in next financial year as bank loan disbursed in next year. 

Now will i face problem while claiming refund in FY 19-20 as no corresponding Capital gain Income in FY 19-20, as capital gain shown in 2018-19 (Fully exempted) ?

  

Replies (3)
Ask Purchaser to rectify. and Seller shall file rectification application and get additional refund.

Purchaser can rectify this. and seller can get refund

THANK YOU VERY MUCH 


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