Hi guys,
Quick question on Form 26QB.
Is the Assessment Year (AY) determined based on:
• the date of payment to the seller, or
• the date on which Form 26QB is actually filed on the portal?
For example, if:
• the payment to the seller was made in February 2025, but
• Form 26QB was filed late in June 2025
does the AY remain the one linked to February 2025, or does it shift because the filing happened in a later period?
Would appreciate some clarity on how AY is correctly determined in such late-filing scenarios. Thanks in advance.