Property Transaction Tax deducted by Buyer

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  1. jstrivedi

    jstrivedi New Member

    If Property Transaction Tax is deducted by the buyer, is this tax amount is refundable or adjustable against Capital Gain Tax? Is this property transaction tax a part of Income Tax?
     
  2. rudrabose

    rudrabose Active Member

    Yes, the TDS on Property deducted by the buyer is adjustable against the Capital Gains Tax.
     
  3. jstrivedi

    jstrivedi New Member

     
  4. jstrivedi

    jstrivedi New Member

    Thank you, Rudra for the reply to my query.
     
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