Major head 0021 or 0021 in form 26qb

TDS 23994 views 1 replies

balbir singh

FCA

33 Points Joined February 2012

In Form no 26 QB, major head 0020 income tax on companies or 0021 income tax other than companies is to be filled as per status of Deductor / buyer.

that means if buyer is individual,than Major Head 0021 income tax other than companies is to be selected even seller/ deductee is company.

Replies (1)

I bought a prop @ 56,00,000/-.in financial year 2014-25 .Didnn,t know about the TDS to be deducted hence not deducted the TDS . Now I want to Submit the TDS with interest using form26QB . Which fin year I shoul select ? Property purchase fin-year or current fin year in which I am deducting TDS and filing the TDS.