sir For filing form 26QB in case of installment payment to seller. Is there necessary to file form 26QB for every installment. And how to pay through cheque after filing form 26 QB. Thank you sir
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Quick Summary
This discussion clarifies the procedure for filing Form 26QB, particularly concerning installment payments to a seller. It confirms that Form 26QB must be filed for each installment paid within a month. For cheque payments, buyers can visit an authorised bank branch to facilitate the e-payment process. The TDS payment date is determined by when the bank pays it to TIN, typically around three working days after clearing settlement.