TDS deduction by buyer for unregistered property
Hi
I am planning to sell flat which i bought in 2012 through resale. Currently there is no registry of the flat and I have paid the full and final amount to builder.
Till now all Pre-EMI and EMI is being paid by me, however my spouse is also co-applicant with me in home loan and property.Buyer is also taking home loan and there will be home loan transfer between us( Buyer and seller).
Please help me to know that should buyer deduct 1% TDS on both PAN card ( mine and spouse) by splitting payment between me and my spouse.
Since I am selling this Flat in loss how i can claim the TDS refund.
Thanks and Regards
Nitin Sinha
Asked 6 years ago in Income Tax
Yes my Spouse is also joint owner in ATS. However all payments are being done by me. Since I am selling this property on loss and neither I nor my spouse had claimed any tax benefits for interest, Can I get the full amount in my name and use my PAN card for TDS purpose and later to get the refund of TDS amount.
This is just to avoid complexity of filling two ITR.
If not how to claim TDS refund
Asked 6 years ago
Thank You Sir
What document I have to collect from buyer?
How to file TDS refund?
Asked 6 years ago