26QB Form: TDS on sale of property

Section 206AB, should select NO right

Seller had informed us they have filed the ITR Returns of last 2 years.
Replies (3)
Quick Summary
This discussion clarifies the application of Section 206AB concerning TDS on property sales when using the 26QB form. It addresses the scenario where the seller claims to have filed ITRs for the last two years but won't provide copies. The advice given is to either deduct TDS at the higher rate or verify the seller's compliance using their PAN with a TAN holder.

CORRECT...

 

.

Sir, but Seller is not ready to give the ITR copies.

How do we know that the seller had filed the ITR of last 2 years

Either ask him for TDS deduction at higher rate, or refer the PAN no. to any TAN holder for compliance check for Section 206AB & 206CCA

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 07 October 2026
Article Assistant

Malhotra Rajesh & Associates

New Delhi

B.Com

View Details
Company
ARTICLESHIP 23 October 2026
Articled Trainee

J Y & CO

Hyderabad

CA Inter

View Details
Company
ARTICLESHIP 17 October 2026
Articled Assistant

RRPM & Associates LLP

Chennai

CA Inter

View Details
Company
08 October 2026
Account Executive

Elite Taxation

New Delhi

CA Foundation

View Details
Company
ARTICLESHIP 20 October 2026
CA ARTICLE

AMKN & CO

Noida

CA Inter

View Details
Company
24 October 2026
CA Industrial Trainee

Fytomax Nutrition Private Limited

Aurangabad

CA Inter

View Details
Company
13 October 2026
Accountant

Zerdi & Co. Chartered Accountants

Pune

B.Com

View Details
Company
07 October 2026
Senior Account Manager

Amplio Invest

Mumbai

M.Com

View Details