• 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 3 years ago in Capital Gains Tax from Hyderabad, Telangana
You are correct. No need to show in your return.
Sagar Jayawant
CA, Thane
27 Answers
7 Consultations

5.0 on 5.0

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
12 Consultations

4.9 on 5.0

yes only the seller will show the same and claim
Shyam Sunder Modani
CA, Hyderabad
1408 Answers
95 Consultations

5.0 on 5.0

Ask a Chartered Accountant

Get tax answers from top-rated CAs in 1 hour. It's quick, easy, and anonymous!
  Ask a CA