JDA -how to account cash consideration
Keshav Nimbalker (21 Points)
23 January 2020If I mention it as cash consideration will the developer be obliged to deduct TDS of 1%?
If so ,it will reflect in my 26AS for the current year whereas the project will be completed say 18 months later.When I file my return then how will the amount of TDS be reconciled?Will there not be a mismatch in 26 AS as I cannot show the X amount in the current year's return?