Deduct tax at source while purchasing property
Deduct tax at source while purchasing property else, you’ll need to pay from own pocket with interest and penalty. On receiving a notice from the Income Tax Department, a client… Read more »
Tag: Form 26QB
FAQ on Form 16B
1. What is Form 16B? Form 16B is the TDS certificate to be issued by the deductor (purchaser/buyer of immovable property) to the deductee (Seller of immovable property) in respect… Read more »
Different types of Forms with explanations
Forms Explaination Form 26QB Online form for furnishing… Read more »
How will transactions of more than one buyer/seller be filed in Form 26QB – TDS on immovable property?
1)How many Form no: 26 QB should be filled online if Immovable Property is purchased by two buyers from two sellers i.e. one sale deed / agreement is in the… Read more »
TDS payment on property and how to obtain form 16B and 26QB
From June 2013, purchaser of property with value of Rs 50 lakh and above should deduct 1% TDS at the time of making payment. Here is the guide about making… Read more »