Hello,
My and my wife recently (In 2024) purchased a flat in India. We paid TDS for the installment of the property on e-filing tax portal. The portal suggested that if there is a co-owner, file another 26QB. I did so. Made the payment. So, because the property is co-owned, I paid 50% owed TDS with my PAN number and remaining 50% from my wife’s PAN number.
We both got notices of default under section u/s 200A. The reason is “Short deduction computation”, indicating each of us paid 50% less than we owed. This is confusing as the portal itself suggested to file 2 26QB forms if there is a co-owner. Anyhow, what are my options now ? By the way, I checked the grievances section of tax website, it does not have assessment year as 2024-25.