Form 16b

This query is : Resolved 

07 June 2014 can any body give clarification regarding form 16B of Tds and where we use and provide me if there is any format

07 June 2014 Anoohya ,

On transfer of immovable property of more than 50 lakhs buyer should deduct 1% tds and deposit to govt
.
.
and then he have to issue tds certificate for that tax deducted
.
.
form applicable is Form 16B

you have to register in traces for that(as a taxpayer) and then can download this form 16B
.
.
here u go for procedure tutorial
.
.
https://www.youtube.com/watch?v=Z39uD5o8Hlg
.
.
come back if any doubt


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