Dear Sir,
What is the remedy if TDS has been deposited us/ 194IA against advance payment for a real estate deal and subsequently the deal fall through. How to claim back the TDS?
Best Regards
Rajiv
2 Replies
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(183191 Points)
Replied 10 April 2018
Deductor can claim back excess paid TDS by filing form 26B :::
"Amended Form 26B also clarifies (by way of inserting ‘Notes’)that the following changes for claiming refund relating for excess TDS deducted u/s 194IA (TDS on sale of property ) the deductor in Form 26B has to mention
- His PAN instead of TAN in Form 26B;
- Leave the column II(5) in Form 26B of ” period” as blank;
- In the column II(7) in Form 26B of “Receipt number of relevant statement ” mention the acknowledgement no. of Form 26QB ."
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(183191 Points)
Replied 10 April 2018
notification45_2017 attached
Attached File : 1648935 20180410202419 notification45 2017.pdf downloaded: 567 times
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