Points to be remembered by the purchaser/buyer of the property
Following are the points to be remembered by the buyer of the property: Deduct TDS @ 1% on the total sale consideration. Collect the Permanent Account Number (PAN) of the… Read more »
Tag: PAN
Points to be remembered by the Seller of the property
Following are the points to be remembered by the seller of the property: Provide a copy of PAN Card to the Purchaser of the property for furnishing information regarding TDS… Read more »
Guidelines for an employer to deduct TDS and issue Form 16
Following are the guidelines for an employer to deduct TDS and issue Form 16: Make mandatory for all the employees to declare previous salary, investment proofs and TDS details, if… Read more »
CPC(TDS) releases Online Correction Facility for 26QB Statements
Dear Buyer of Immovable Property, The Centralized Processing Cell (TDS) is pleased to inform the release of Online Correction facility for TDS statements filed in form 26QB, with respect to… Read more »
CPC (TDS) Follow up: 26QB Statement not yet filed for Purchase of Property during FY 2014-15
CPC (TDS) has issued an advisory communication to the buyers 0f immovable property regarding filing of TDS statement in Form 26QB. The issued communication has been given below: Date of communication… Read more »
Income Tax department gets new tech tool to identify, kill duplicate PAN
After years of labour, the Income Tax department has finally got a new technology tool to check the menace of duplicate PAN cards which also allows the taxman to ‘kill’… Read more »