Tds against flat purchase
NITIN (Engineer) (38 Points)
24 March 2016NITIN (Engineer) (38 Points)
24 March 2016
B KANRAR
(SERVICE)
(57 Points)
Replied 26 March 2016
TDS on Sec 194IA is applicable on Property wise not transfereewise , hence your situation can be solve at the time of filling 26QB , there was an option for transferee where more than one, be sure about that point, comunicate with dept. if you deducted 1% of Property value. If you deducted only your portion of property value then it shoul be rectified.