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Form 16 b

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Querist : Anonymous

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Querist : Anonymous (Querist)
02 December 2013 what is form 16 b ?
who issue it ?
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Ganeshbabu K

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Ganeshbabu K (Expert)
02 December 2013 now tds is deducted on payment made for purchase of immovable property more than 50 lakhs
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.
so buyer will deduct tds and will make balance payment to sellor
.
.
so buyer will issue form 16B(tds certificate)TO SELLOR FOR TAX DEDUCTED
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.
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