194 i a - tds on property - challan query


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Querist : Anonymous

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Querist : Anonymous (Querist)
29 October 2013 AT THE TIME OF payment TDS UNDER 194IA WHICH type of tax applicable IN CHALLAN COMPANY OR NON COMPANY. 0020 or 0021.

If buyer & seller both are non co.

If buyer is company & seller is non-co.

if buyer is non-co & seller is company.

29 October 2013 Non company is to be marked.

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Querist : Anonymous

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Querist : Anonymous (Querist)
29 October 2013 thank u very much sir.

non company is marked for all option ?

29 October 2013 yes non company is to be marked.

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Querist : Anonymous

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Querist : Anonymous (Querist)
29 October 2013 thank you very much.

29 October 2013 In case the company is the buyer, then 0020 is to be selected.

Please refer: https://www.caclubindia.com/forum/form-26qb-major-head-269334.asp#.Um-miFOKK9g

https://www.moneylife.in/article/tds-payment-on-property-and-how-to-obtain-form-16b-and-26qb/34276.html

31 October 2013 Yes select on non company option.

31 October 2013 Dear All,

For your information and records, the selection of code shall be on the basis of constitution of the payer.

If the payer is a company then the code shall be 0020.

In case of other entities it shall be 0021.


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Querist : Anonymous

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Querist : Anonymous (Querist)
31 October 2013 thank you very much.


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