Dear Sir,
I am deducting tax against purchase of properties on 26QB, if the seller was Pvt Ltd. Companies and purchaser was Individual than tax will be deducted under INCOME TAX ON COMPANIES (0020) & INCOME TAX OTHER THAN COMPANIES (0021) please confirm me.
Thanks
IN FORM 26QB which required to file u/s 194-IA :
0020 is for corporate payer.
0021 is for a non-corporate payer.
since you are individual you are a non-corporate payer , you should select 0021.
Dear Ankit Jee,
Thanks for your reply
CAclubindia
