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If the seller has paid TDS, it benefits the buyer in several ways. Firstly, it assures the buyer that the seller has fulfilled their tax obligations, enhancing trust and transparency in the transaction. Secondly, the buyer can claim the TDS amount as a deduction while filing their income tax return, reducing their overall tax liability. Additionally, the TDS payment establishes the purchase cost of the property, which is crucial for future capital gains calculations. Overall, the seller's TDS payment ensures compliance, reduces the buyer's tax burden, and provides a reliable record of the transaction for both parties.
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If the seller has paid TDS then how it will benefit to claim for the buyer?
Pankaj
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1 Answers
1 Year
2023-07-04T09:28:28+00:00 2023-07-05T09:32:45+00:00Comment
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