Property TDS return

When buying or selling property, Tax Deducted at Source (TDS) is applicable on the transaction value, as per the provisions of the Income Tax Act. Ensuring timely and accurate filing of Property TDS Returns is crucial for compliance with the tax laws.

Do I need to pay TDS if I am buying property from a company or firm? Yes, TDS is applicable on property transactions irrespective of whether the seller is an individual, company, or firm. However, the tax rate may differ for different types of sellers, especially for non-individual sellers.

Can I claim the TDS amount deducted during a property transaction? Yes, as the seller, you can claim the TDS deducted as a credit while filing your income tax return. The TDS will be adjusted against the tax payable on your income, reducing your tax liability.

Our Property TDS Return Services Include:

• TDS Calculation: We help calculate the correct amount of TDS to be deducted based on the transaction value and applicable rates.
• TDS Filing: Ensuring timely filing of TDS returns with the Income Tax Department for property transactions.
• Issuance of TDS Certificates: We assist in issuing Form 16B to the seller as proof of TDS deduction.
• Compliance Management:

Ensure accurate TDS filing for your property transactions. Contact us for seamless Property TDS Return services!