TDS Refund

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How could I apply for refund of 194-IA TDS amount if it was previously deposited but later on the flat has been canceled?
Replies (4)

You have to apply to your jurisdictional AO (TDS) for refund of such errorneous TDS Payment with giving reasons thereof. You have not to credit to seller deductee account in 26AS statement. Neither deductor nor deductee ought to have claimed in ITR and you have to support this with updated 26AS statement. It takes normally 2 months time.  On being satisfied, AO (TDS) will issue refund to the credit of the deductor buyer. 

This not a simple procedure to get back the TDS already paid and credited in the Pan of Seller of property. You have to revise the form for this also you need A.O approval. Then you have to apply for refund.

Thanks & Regards
Vishal Jain

 

you need A.O approval by applying to your jurisdictional AO (TDS) for a refund of such erroneous TDS Payment. Such payment must be aligned with reasons. This is the case where no claim for credit will be available if such mishappening happens.

Thereafter AO will consider the issue and got the account refunded of the seller.

Visit the link to know more on TDS on Property 

 

you need A.O approval by  applying to your jurisdictional AO (TDS) for refund of such errorneous TDS Payment. Such payment must be aligned  with reasons .This is the case where no claim for credit will be available ,if such mis happening happens .

Thereafter AO will consider the issue and got the account refunded of the seller 


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