Actual status of payment by each co-owner needs to be verified in terms of applicability of section 194IA

Jaimeet Sawaria Vs ITO (ITAT Raipur) ITAT Raipur resorted the matter back to AO to verify the actual status of payment of consideration by each co-owner vis-à-vis applicability of provisions of section 194IA of the Income Tax Act. Facts- The appellant an individual, along with his father Bharat Sawaria and his mother Smt. Kalpana Sawaria jointly purchased two immovable properties. These properties were registered by way of a single sale deed. The aggregate consideration in respect of two flats was fixed at Rs. 1,90,00,000/-. i.e. consideration required to be paid in respect of each flat was f...