TDS

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lokesh (Querist)
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22 May 2016 My client having salary income is liable to pay TDS on flat purchased. He paid the TDS. Now what documents should my client take from the builder for the TDS payment.

Abhishek Ranjan Singh

Abhishek Ranjan Singh (Expert)
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23 May 2016 Are you a Tax professional? Dealing with clients with this type of knowledge. Please stop the taking risk first improve your knowledge.

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lokesh

lokesh (Querist)
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23 May 2016 bro i m not here from my career plans...reply the query or leave..

Asha Kanta Sharma

Asha Kanta Sharma (Expert)
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27 July 2025 Got it, straight to the point!

When your client pays TDS on the purchase of a flat (usually under **Section 194-IA** for immovable property transactions), here’s what they should get from the builder:

1. **TDS Certificate (Form 16B)**:
This is the most important document. It’s issued by the deductor (your client) via the Income Tax Department’s TRACES portal after TDS is deposited. The builder can also download it once TDS is deducted and paid.

2. **Copy of Challan for TDS Payment**:
Proof of TDS deposited with the government.

3. **Acknowledgment of TDS Return Filing**:
If your client files the TDS return, the acknowledgment will serve as evidence.

4. **Agreement for Sale / Sale Deed**:
Just for documentation purposes, though not directly related to TDS, it helps confirm the transaction.

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**Why is Form 16B important?**
The builder needs this certificate as proof of TDS deducted against their PAN and can claim credit for it in their income tax return. Your client should ensure the TDS is reflected in the builder’s Form 26AS.

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If your client hasn’t received Form 16B, they can:

* Download it themselves from the TRACES portal (requires registration).
* Or request the builder to get it.

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Anything else you want me to break down here?

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