TDS on Sale of Property

Tax queries 199 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 


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register