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Can we claim compensation from developer?- Property Hotline
Posted
October 19, 2016
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34
October 19, 2016
34
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5:36
2:33Now PlayingExpert: Anshuman Jagtap, Associate Partner Hariani and Co.
Question: I paid the developer 4 installments towards a flat but did not deduct 1% TDS. I received a notice from the I-T department demanding a fine. Can I claim compensation from the developer?
Answer: No, the builder is not required to educate you. However, at the same time it is a breach of trust in the event you are able to prove that he was aware of the same and that he intentionally remained silent and caused you to breach the provision of statute.
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