Non compliance of section 195

299 views 3 replies

We have purchased property from NRI and forgot to deduct TDS u/s 195. 

Therefore , will it be allow that seller party give its income tax return, computation and also provide intimation order of relevant year with CA certificate in prescribed form  that no income from that transaction was escaped in income tax return and proper tax liability is paid by seller.

Particularly in case of NRI.

we are ready to pay interest liability.

Replies (3)
You may reply to the notice u/s 148 or 148A explaining the facts

we have not received any notice yet , I just want to know that whether this remedy is available in case of nri payee for default of non deduction of tds u/s 195?

Tds deduction responsibility is on the payer and not on the payee..If proper taxes are paid and ITR filed then there won't be any issue

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 20 June 2026
Articleship

RB KESHRI & CO

Mumbai

B.Com

View Details
Company
ARTICLESHIP 27 June 2026
Article

SNCO

Mumbai

CA Inter

View Details
Company
12 June 2026
Accounts & Taxation Executive

Winshine Financial Services

Mumbai

CA Inter

View Details
Company
25 June 2026
AUDIT MANAGER

JDAS & ASSOCIATES

New Delhi

CA

View Details
Company
06 July 2026
C.A./CA Inter OR pursuing C.A./GST/Accounts/Audit/IT - Head

Arvindkumar Maniar & Co.

Rajkot

CA

View Details
Company
ARTICLESHIP 30 June 2026
Taxation Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 30 June 2026
Article Assistant or Paid Assistant

VIKAS VERMA & CO

New Delhi

Others

View Details
Company
06 July 2026
Accountant

Agarwal Anoop and Associates

Noida

CA Final

View Details