Question ID :
44526
Sale of Property by NRI
A NRI has to sell a Property around Rs 75 Lacs on which TDS is required to be deducted at higher rates .Profit is around Rs 5.5 lacs only .He wants to file Form 13 on Traces site but can not file in the absence of TAN numbers of Joint Purchasers
Is there any wayout
Posted by
Mahesh Kumar
on
Aug 08, 2023
Filed Under
DIRECT TAXES
No way out other than to take TAN, because it is also necessarily required for remitting TDS and for filing form 27Q by the deductor and for issuing form 16A to the deductee.
Posted by
B.CHACKRAPANI WARRIER on
Aug 10, 2023
Answer ID :
85180
YES YOU CAN APPLY, MEET YOUR ASSESSING OFFICER HE WILL SURELY ASSIST YOU ON HOW TO PROCEED.
Posted by
CA Shrawan Suthar on
Oct 12, 2023