FORM 26QB IS TO BE FILED FROM 30 DAYS FROM THE END OF MONTH IN WHICH TDS IS LIABLE TO BE DEDUCTED THEN 26QB IS TO BE FILED FOR EACH PAYMENT OF INSTALMENT ?
AND IF WHOLE TDS IS PAID IN ONE TRANCHE AT THE TIME OF PURCHASE AGREEMENT THEN WHAT ARE THE CONSEQUENCES FOR NOT FILING 26QB FOR EACH PAYMENT ?

Hello!... Experts,

Some companies give Dividends thrice a year. For first one it was below Rs.5,000 so they don't deduct tax . Later On second n third they deduct tax for first one. In AIS gross amount goes under reported for first one, but TDS matches on the whole. So had partially disagreed in AIS feedback as gross Dividend was underreported by them and I mentioned the higher gross amount to update.
Co. is responding to department with respect to quarterly reporting , hence department is sending emails as source is disagreeing on insights platform of income tax.
Now, how n where do we reply / explain / clarify , give feedback for the same.

Thanks in advance.

Dear Sir
Our Client is Scrap Trader and he is purchases all type of scrap (i.e iron, Wood, Packinging Material, Plastic etc), so want to know regarding TDS Deduction Applicability on him. he liable to Deduct TDS of all type of scrap or only Applicable on metal scrap.
Also he not Taking the TDS registration till now , so can now he need to pay TDS from 01.10.2024 to till date (Which he is not deduct) or from TDS registration date when he obtain the same.

THANKS
Nitin Kumar

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