Source-sale of immovable property u/s 194IA (for buyer of property)

Source-sale of immovable property u/s 194IA (for buyer of property)

Hi,
I bought a flat and deducted from builder and paid TDS. The entry on my 26AS is under PART F – Details of Tax Deducted at Source on Sale of Immovable Property u/s 194IA(For Buyer of Property).

Do I need to show this somewhere on my ITR-2 return form?
I think in the TDS worksheet, only the seller needs to show but I'm not sure.

Thanks

Asked 9 years ago in Capital Gains Tax

You are correct. No need to show in your return.

Sagar Jayawant

CA, Thane

27 Answers

9 Consultations

Talk to Sagar Jayawant

thank you sir

Asked 9 years ago

This TDS will be claimed by builder who has sold the apartment. You have no claim, kindly check all the payments during the financial year have been refleclted

Vijay N. Kale

CA, Hyderabad

248 Answers

13 Consultations

Talk to Vijay N. Kale

yes only the seller will show the same and claim

Shyam Sunder Modani

CA, Hyderabad

1409 Answers

164 Consultations

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