Hi need advice on TDS, recently I have purchased property in Hyderabad and got it registered but I was not aware that I have to deduct 1% TDS from seller.
Mutual agreement between both of us was that I hold some amount in the total value which needs to payed while he is gives position i.e. after 3 months and inbetween this 3months I got to know about TDS which I have informed him and told that i would deduct this at the time of settlement but he didn't agree to this and he threatened me that if I deduct this amount he will not give the position so in this situation I do want to risk my property so I paid whole amount and now i have got the position also but according to law it's buyer's responsibility to pay the TDS what are my options please advise.
