TDS on Sale of Property

TDS 153 views 1 replies

Me and my wife( Joint buyers) are purchasing a resale flat for which agreement to sale has been registered in March 2021. 

I am also avaialing Home Loan for same

I have paid the Sellers ( Husband and Wife) my own contribution of 20%( except the TDS amount) on day earlier to agreement to sale . 

I have paid the complete  TDS by submitting 4 different 26QB form with unique seller - buyer combination on 31st March 2021. 

But the Home Loan will be now disbursed in first week of April around 10th April and Sale Deed for same flat will be executed and registed around same date. 

In above scenario , will I have to apply for correction in 26QB form since the complete TDS for sale consideration amount was done in March 2021, where as the Home Loan amoutn will be disbursed in April 2021

 

 

Replies (1)
No , you are not required for the correction.
Seller is also required to show the income in FY 20-21.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 12 March 2026
Customer Relationship Executive

TAXLET

Calicut

B.Com

View Details
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Article Trainee

N N V Satish&co

Hyderabad

CA Inter

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details