While filling form 26qb of TDS in that there is an option Tax Applicable with sub-options 0020 (Corporate Assesse Tax) and 0021 (Non-Corporate Assessee Tax) , in that what we should select if the seller of immovable property is corporate assessee and buyer of immovable property is non-corporate assessee?
Menu
26qb tds on purchase of immovable property
Replies (2)
ACCORDING TO ME , THIS OPTION IS FOR DEDUCTEE,
IN YOUR CASE BUYER IS DEDUCTOR AND SELLER IS DEDUCTEE, THEREFORE YOU SHOULD CHOOSE CORPORATE ( 0020)
MEMBERS, PLEASE CONFIRM IT
I agree with Suksham, as the seller being deductee is a coporate assessee you have to select corporate assessee while paying deduction
Recent Threads
- Deferment period for Advance Tax under Section 234
- Permanant transfer of duty free goods by Advance A
- 1% TDS Deduction on Property purchase through inst
- Tax on leave encashment on retirement
- Guidance Required on Notices Under Section 234B Af
- Rcm invoices and normal invoice
- Regarding STCG on Equity
- GSTR 9 details with same PAN & different Turno
- Hotel ITC
- ITR for Trust- 12A
Related Threads
CAclubindia
