IMMOVABLE PROPERTY PURCHASED TAX DEDUCTED

MURALIDOSS (INCOME TAX PRACTITIONER)   (1329 Points)

30 July 2024  

ONE PERSON BUYING AN APARTMENT VALUE RS.7500000/-

IN HIS 26AS SHOWS 75000/- TDS U/S.194IA  FOR 7500000/-

THIS AMOUNT BUYER NEED NOT TO CLAIM OR? ACTUALLY THIS PERSON IS A SALARIED INDIVIDUAL , AIS SHOWS SALARY WITH TDS , INTEREST FROM SB  AND PURCHASE OF PROPERTY WITH TDS ALSO. THIS AMOUNT RELATING TO BUYER OR SELLER SIR?