Back to Blog
26as download5/20/2023 ![]() Area of land used for the non-agricultural purpose is more than 1/3rd of the total areaīy filing form 26QB, buyers can ensure that they pay the right amount of tax on property purchases in a timely manner.km coming under the jurisdiction of the cantonment area. A land with a population of more than 10,000 people per sq.The land won't be considered agricultural under these two conditions: ![]() If agricultural land is sold, then form 26QB does not have to be filled.Form 26QB has to be filed in case of transfer/sale of immovable property.Buyer does not have to get TDS deducted if the amount is less than Rs.50 Lakhs.A form 26QB TDS return reference number should be provided.The form has to be submitted within 30 days from the date of purchase.Payment challan 280 should also be attached along with form 16A.The form should have all the relevant details of the buyer as well as the seller, along with PAN numbers.Form 26QB must be filled in full and accurately to avoid any problems.
0 Comments
Read More
Leave a Reply. |