to pay tds on purches of immovable property

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  1. rajan bhatia

    rajan bhatia New Member

    please suggest me,

    we are seven partners are purchase a shop from builder value aprox 2cr, when we deduct the tds amount from total amount of cost of property.builder incs that he will pay the tds within the time limit and so for we paid cheque of total amount including tds. and he has mention in the sell of agreement that he received the amount including tds. now after one month of transaction he refuse us to give the receipt of paid tds certificate copy.
    so sir please clarify who is the guilty in this case weather he will not pay the tds as per his promise.
    Last edited: Mar 17, 2015
  2. rajan bhatia

    rajan bhatia New Member

    sir please reply as earlier
  3. rajan bhatia

    rajan bhatia New Member

  4. gaurav_kumar

    gaurav_kumar Well-Known Member

    It is the responsibility of the buyer to deduct the TDS and deposit the same.

    The details of TDS deduction are required to be mentioned in the Sale Agreement without which the property will not get registered.
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