TDS Credit Denied to Non-Signatory Property Co-Owner: ITAT Ahmedabad

Jerambhai Ratnabhai Patel Vs Central Processing Unit (ITAT Ahmedabad) ITAT Ahmedabad Denies TDS Credit to Non-Signatory Co-owner: Credit Belongs to Actual Owners Named in Sale Deed The Ahmedabad Bench “D” of the ITAT dismissed the assessee’s appeal for AY 2022-23, upholding denial of TDS credit of ₹9.82 lakh claimed by the assessee in respect of sale of immovable property. Although the assessee had declared capital gains based on an unregistered family arrangement claiming rights over the ground and first floors, the Tribunal noted that the registered sale deed and agreement for sale n...