Mr A. entered into agreement with Mr. B for sale of Agriculture Land, Mr. B deducted TDS and filed form 26QB.
After depositing TDS, Mr. B decided to purchase the property in name of his son Mr. C, then Mr. C again deducted TDS and filed form 26QB.
So, how to adjust the same in the books of Mr. A? Can Mr. A ask for refund of the TDS deducted by Mr. B and then return the refund amount to Mr. B or he should simply not claim TDS deducted by Mr. B? And If Mr. A claim TDS deducted by Mr. B then can we say that he will be legally bound that he sold land to Mr B, and what will be his stand before ITO?
Can Mr. B cancell From 26QB as filed by him?
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