We’ve purchased our flat worth 59 lacs in March 2016. At the time of sale due to ignorance of the facts about the tax on sale of property is TDS, I gave the whole amount(59 lacs) to the seller. Recently one of the CA told me that TDS is not applicable for Individuals. Please clarify if I should have deducted TDS on that amount. Also let me know, what can I do now. The seller is still in touch and ready to co-operate.
Please let me know if you need any more details from me.1 replies 1 helpful answers Last Updated: 10 months, 1 week ago
You must be signed in to reply to this question.