TDS certificate Form 16B

A Comprehensive Guide on Filing Form 26QB for TDS on Property Sale in India: Single Buyer-Single Seller vs. Multiple Buyers-Multiple Sellers

When you buy or sell a property in India, TDS (Tax Deducted at Source) is applicable under Section 194-IA of the Income Tax Act if the sale consideration exceeds ₹50 lakhs. The buyer is responsible for deducting the TDS, depositing it with the government, and filing Form 26QB to report the payment. While the process of filing Form 26QB is fairly straightforward for transactions...

Compare listings

Compare
Enable Notifications OK No thanks