Easy Office
LCI Learning

TDS on Salary - Investment Declration

This query is : Resolved 
Profile Image

Profile Image

(Querist)
28 February 2024 I have sold my house, and purchaser has deposited TDS under section 194IA.

So can I show this as my investment declaration to reduce my TDS Liability deducting from Salary.

I mean my annual TDS liability is 100 Lac and TDS is reflecting in 26AS u/s 194IA is 50k.

So can my company charge only 50k from salary ?

Is this possible ?

please guide.
Profile Image

CA R SEETHARAMAN

Profile Image

CA R SEETHARAMAN (Expert)
01 March 2024 No that's not possible.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links