Dear experts,
a husband and wife jointly purchased a property worth Rs.60 lacs and the wife deducted entire 1% tds of Rs.60000 and paid via 26 qb form.
will there be a problem as it is joint property and both of them hv to deduct tds and file separate 26qb??
is it like they had to pay 50/50 tds??
pls clarify
2 Replies
Rahul Prasad
(CA Student)
(1683 Points)
Replied 15 March 2018
No.there is not provision to doing like so. how ever generally first holder is liable in case of joint holding to do compliance .
Sreevidhya V
(405 Points)
Replied 15 March 2018
but i heard dept sending notice to the joint holder buyer who didn't deduct tax. other joint holder fully deducted tax. so in this case what can be done??
Recent Topics
- Share office desk in bkc, near family court
- 80D claim for payment paid by parent
- TDS on purchase of Flat under subvention scheme be
- Nznxnc call me at the end of the day of the
- Nsje snswk fjw ed le ene djff ne enje ejdd rejje
- Hxjcif the day I have been in touch with me and
- Iska djd djrbdsjebshe sir ur rei ejr reinr the jr
- GST registration for medical shop in Karnataka
- Hsshs me know if you are free number of the
- Chu Kang and the situation of the situation and I
Related Threads
CAclubindia
