Form 16B will be available for download from the TDS Centralized Processing Cell (CPC-TDS) website www.tdscpc.gov.in What is the ack number, where can I find it, I cannot download it I selected an incorrect derivation date when filling out Form 26QB. You can fill out the form as above and while proceeding, there is the option “retroactive payment by bank” Someone bought a property in 2012 and made 100% payments in 2012. The property was transferred in his name by the client himself in January 2013. But the registration of the property was delayed and was carried out in August 2013. Was the buyer obliged to deduct the TDS at the time of registration, even if the consideration was exchanged before this law? The person has now received a notification from tdscpc. Sir, please help me how to correct my evaluation year, I entered an incorrect evaluation year in Form 26qb and due to which the evaluation year in Form 16b reflects the wrong evaluation year. Well, what should I do. Help me. You can take a print with you for your documents as well as for delivery to the seller of the property.
A similar process must be followed by the seller to obtain Form 26QB. Step 4: Select “Exam Year” from the drop-down list and enter “Seller Confirmation Number” and “SELLER PAN”. Form 26QB Justification Report includes details of any errors or omissions in the processing of the submitted TDS return. After viewing the errors, you can submit a correction TDS return to correct them. Let`s see how to download Form 26QB from TRACES: how can I correct the deduction date that is corrected in these forms? Hi Surangi, I also had the same mistake. Did you have to resubmit Form 26B? I oversee the accounts of two companies, namely Company-A & Company-B, so when I was supposed to pay the tax on the purchase of real estate on Form 26QB. I wrongly filed the tax of Company B (buyer) instead of Company A (another buyer), although I filled in the details of 26QB of Company B instead of Company A, where all the details and amounts are different PLEASE tell me what to do, how can I correct this amount? I filed Form 26qb earlier, but I have not taken the print with me at this time. Now I am requesting Form 16b, but I do not have the confirmation number. Please suggest me how I can fix the problem..? You will now have to enter the amount of tax you want to pay and also select your bank account number from which you want to pay the tax. After verifying the accuracy, you can proceed to the confirmation of the payment. I selected the wrong fiscal year by filling out Form 26QB, now Form 16B is available for download. How do I have the fiscal year or taxation year corrected in these forms? Please advise me.
a) The confirmation number of the Form 26QB provided is available on the deductor`s Form 26AS (Annual Income Tax Return) (i.e., buyer/purchaser of real estate). The same can be viewed on the TRACES website (www.tdscpc.gov.in) or b) The taxpayer can also click on the “View Confirmation” option hosted on the TIN website. The taxpayer must enter the buyer`s and seller`s NAP, the total payment and the valuation year (as indicated at the time of filing Form 26QB) to retrieve the confirmation number. What happens if I haven`t written down the confirmation number? Please guide me in another way how to get the generated Form 16b without confirmation number. If there is a problem on the NSDL e-Gov website when entering details in the online form, contact the TIN call center on 020 – 27218080 or write to us (Please indicate the subject of the email as an online direct payment payment Tax_ TDS when selling real estate). I had paid the tax via internet banking for the purchase of the property 26 qb, but I did not take the pressure off. I have the confirmation/reference number of the tax paid. Where can I retrieve the acknowledgment of receipt? AND FOR 26QB PRINT the request is: In 26QB I MENTION ONLY the PAN of the 1st owner (since he has it) and does not mention the second buyer (since no contribution was made) OR I mention the PAN of the father who signed as a natural guardian but no payment came from the father`s bank account, so he is actually not the buyer. OR do I mention two buyer names (and PAN) and the 1st owner as a minor or father? After selecting the form, you will be redirected to the screen to enter some information. Please provide a solution on how to respond to Traces notifications you have received in the form of an email. With the confirmation receipt printed, you can go to any of the authorized bank branches to make the TDS payment retrospectively.
The bank will make the payment via its netbanking function and provide you with the Challan counter sheet as confirmation of the payment of taxes. Based on the information on the confirmation form, the Bank will only make the payment through the Netbanking Facility by visiting tin-nsdl.com and entering the confirmation number duly generated by the tin for the statement already completed by the Buyer in connection with this transaction. You can also find more information on the Tax Information Network website. There are two common names as buyers. The 1st holder is a minor (holds PAN) and in the deed of sale the father signs as a natural guardian and therefore when registering the deed of sale, the father`s PAN is entered in their registers. All payments are made from the bank account of the 1st holder of the minor. 1] What is the procedure for more than one “buyer/payer” and more than one “seller/payee”? and 2] in such cases, the information of which must be provided on Form 26QB at the time of online payment, as there is only one box each for the indication of PAN for “Buyer/Payer” and “Seller/Beneficiary” ??? Then, the fiscal year to be completed on Form 26 qb should be FY14-15 and AY would be 15-16. One of my clients bought an apartment where the value of the property according to the stamp duty assessment is Rs 66.03 lakhs. However, he brought the apartment to half the price, that is, 33 lakhs due to the decline in the real estate market.
Now, the problem is that my client received a notification from Traces stating that they had not deducted TDS@1% and had not submitted Form 26QB. Dear Sir, why can you pay the tds easily, please send me the steps to archive 26qb hello. I paid TDS with 26QB but couldn`t get the phrase that has an acquaintance number. My bank account has been debited for the cash deposit. How do I get a reference from this 26 qb form that I can request when filing my tax return? Thank you PAN of the seller is mandatory. This can be purchased by the seller before the transaction is completed. If you forgot to take Form 26qb, print it out before paying the tax, but have the confirmation number. pls go to the following link and select the option “Payment of electronic tax on the next date” www.tin-nsdl.com/faqs/tds-on-sale-of-property/TDS-Introduction.html Sir, I paid 1% of the amount tds on 28/02/2015 when selling a property, but I did not take an impression for the same now I want a 26qb copy of how to take a print, please help me answer all of the above Just enter the FORM 26QB into Google.
The form will fill out this farm immediately according to the records of the buyer-seller agreement. The payment option will come 1. immediate payment 2. e payment on the following date after payment by normal online payment for the bank. Once the payment is made, you can print Challan 280 with a check mark out of 800, which is the payment of TDS when selling real estate. Take a shot of Challan. The other option is the subsequent payment by bank. Generate FORm 26QB with a confirmation valid for 10 days from the date of generation. Go to the bank with them to receive the payment from the bank staff. Click Print Form 26QB to print the form.
Then click on “Submit to bank” to make the required payment online via internet banking. Then, switch to the payment page via the online banking feature of different banks. A list of authorized banks can be found onlineservices.tin.egov-nsdl.com/etaxnew/Authorizedbanks.html I have completed the Form 26q payment, so I will have to wait 10 days for the Form 26QB and form 16b article to contain important information for the 26QB Justification Report, short steps for the 26QB Justification Report, and illustrated tips for the 26QB Justification Report. Please note that the name and status of PAN corresponds to the ITD PAN master. You must verify the name before making the payment. If a discrepancy is observed, please confirm the PAN you entered. Any required changes to the name displayed by the PAN template can be updated by completing the appropriate change request forms for PAN. If the name is correct, click “Confirm” I brought the property to Chennai, Tamilnadu. Now I plan to pay the tds, I have been staying in Chennai for two years. Can I specify the communication address in the form of 26QB or do I need to provide a permanent address?. .
