Sajive Kumar (3 Points)
29 November 2023We are two buyers for a NRI property.
I filed the TDS form 27q for the property purchased from NRI using a single TAN based on the lower tax certificate.
The seller has already filed the ITR and claimed the entire amount.
TDS team is sending intimation for short deduction and interest. I have paid the complete TDS +surcharge+cess. How can I ask for getting exception for 2nd buyer not paying TDS, since i already paid.
Manish
(CA)
(1122 Points)
Replied 30 November 2023
It appears that the NRI has mentioned only you as the buyer in its ITR, that's the reason you are getting demand intimation.
If you can approach the NRI and he revises his ITR to mention the correct proportion of respective buyers, then IMO this intimation would be sent to the other buyer.
Otherwise, you should visit the income tax office for this.
Sajive Kumar
(3 Points)
Replied 30 November 2023
Manish
(CA)
(1122 Points)
Replied 01 December 2023
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