03 January 2014
If buyer has paid Rs. 10Lakhs,20Lakhs, 25 Lakhs & 7.37 Lakhs in Aug,Sep,Nov & Dec respectively deducting TDS from last payment in Dec. Agreement was done in September having total consideration 63 Lakhs. My query is whether buyer has to file 4 different form 26QB or file only one 26QB for Dec in which TDS was deducted.
03 January 2014
you should pay through separate Form 26QB. each payment and the interest for delay of deposit of tds on the same should be captured in a separate Form 26QB.
CAclubindia
