TDS

Share
Share This Thread
  1. C.S.MADHURANATH

    C.S.MADHURANATH New Member

    Dear Sir,
    My query is as follows:
    My friend sold his property to two buyers (brothers) in 2015 . The buyers have deducted TDS @1%. Both have deposited the tax to the govt. However, one buyer has mentioned wrong PAN of the seller and the seller could not take credit for the TDS till he filed his return. In the mean time,the seller has filed his return for AY 2015-16 by paying LCTG tax and assessment is also complete.
    The buyer was able to correct the PAN and now for AY 2015-16, the form 26AS is showing credit of the TDS.
    Now the query is HOW CAN THE SELLER CLAIM CREDIT FOR THE THIS TDS ?
    Further, he is yet to file the return for AY 2016-17.
    Thanks
     
  2. Saurabh2017

    Saurabh2017 New Member

    He Can Revise the Return of A.Y 2015-16 .
    Or He Can Take Credit of TDS in A.Y 2016-17
     
Draft saved Draft deleted