Buyer of immovable property can download form 16b after registering on traces as tax payer. One can download this form from the website traces. The file will then be available under requested downloads in downloads tab. How to download form 16b tds certificate for tax deducted. Free download tds return filing software for fy 201920. Login to traces after payment is reflected in form 26as. Procedure to download tds certificate in form 16b is as follows. The buyer of the property would be required to issue form 16b to the seller of the property in respect of the tds deducted and deposited with the government. So now you can not download your form 16a from tinnsdl website. You need to enter the acknowledge number as appearing in part f of as26 of the deductee. Form 16b download the form online from traces website.
This website uses cookies to maintain user preference and session information. Now onwards, form 16a text file will be available at traces ww. Etutorial on how to download form 16b from traces website. The buyer has to fill in details in the form 26qb and deposit tds after which he will be able to down the 16b form online. Tds certificate download step by step procedure from traces. Form 16b for tax deducted at source verifies the volume of tax deducted at source when making a property purchase. User can not enter details in column pan for tax payer as column will be autopopulated on the basis of user id entered by user. Login to traces as tax payer and submit download request for form 16b under downloads tab. The process of downloading form 16a are as follows. The procedure for downloading form 16b for tds on the sale of immovable property is as follows. Step by step procedure to download form 1616a from traces. Upload form 16 and file incometax return stepwise process. Traces facilitates the buyer of immovable property to download form 16b after registering on traces as taxpayer.
After the registration is completed, the tds certificate will be reflected on the portal, which can then be submitted to the seller. If already registered no need to register yourself again. After downloading the form 16b, it can be submitted to the government or used as per the requirements. Under the download section, click on the option of form 16b for the buyer. If you are a first time accessor of the website, then you will have to register an account. How to register on traces website and download form 16b. This form is then verified in hard copy form with the etds return filed electronically.
The totals of the amount paid and the tax deducted at source have to be correctly filled and the same has to be filled in all the forms, including form no. Online functionality to apply lower no deduction lower collection certificate in form for upto 50 rows is available now on nri services traces portal. Tan registration procedure on traces tds website tax2win. How to download tds certificate in form 16 from traces in hindi. Form 16b shall be generated by tdscpc after the processing of form 26qb statement come challan form filed by buyer. Services currently available are view 26as statement and down load form 16b in case you are the buyer of immovable properties. Option of free download trial comes up, now just click on the column and fill the information in the form. The procedure for downloading the form is as follows. After your payment in form 26as has been reflected, login to traces.
The software is fully integrated with traces and helps downloading of tds certificate from the software itself. Download official etutorial on how to download form 16b. File will be available under requested downloads in downloads tab. Open a browser and type go to the move cursor on our product tab genius select gen tds software in the tab. Heres you are going to know tds certificate download from traces. The deductor needs to login through the traces system by using tan. How to download tds certificate in form 16b khandhar.
I would like to run the readers through the tds payment process and the steps to be taken to obtain form 16b. Important information to download form 16c request for downloading form 16c tds on rented property can only be submitted when 26qc statement cum challan is processed. Tds reconciliation analysis and correction enabling system. Then download form 16b by clicking below given link. After some time the same shall be available under download menu. Tan registration is done on traces website after which you can access various functionalities like download form 1616a16b, form 26as, conso file, justification returns, view challan status and much more. Text file will be provided having details of all requested pans.
Authentication code generated for a particular statement will be valid for the calendar day i. Easy guide to tds traces website register and login. Form 16b is a tds certificate which reflects that the amount deducted as tds on property by the b. Procedure for payment of tds on sale of property form. Let us find out the procedure of acquiring the form in detail. Learn how to download form 16b from traces form 16b can only be downloaded by buyer of property chdcaprofessionals com 20 08. To download form 16b, go to download, click on request for form 16b, validate details and submit your request. This amount is given by the buyer to the income tax department. The tds traces form 16b can be downloaded through the traces portal through the following steps.
This form can be downloaded from traces website by following these steps. Now onwards, form 16a text file will be available at traces. Learn how to download form 16b from traces tds income tax. Article explains how to download form 16b from traces website. Answer is deductor can download such certificate from traces website and issue to the seller. May be in near future you are able to download your form 16 or 16a also through this window. Cpc tds releases online correction facility for 26qb statements. By filling the details, this will generate an application request number and an application is received. Once you have successfully applied for tan next comes the registration process. First of all, login to the traces site as deductor and then submit download request for form 16 16a under downloads tab. Browse the form 16 pdf file and click on open to upload form 16. Form 16b can be downloaded online from traces website and the. For form 26qb click on application for request of form 26qb.
Download form 16b online from traces website chartered club. To download form 16b, click on the download tab of the traces. Procedure to download form 16b tds certificate on sale of. User can register on the basis of pan taxpayer logs in to traces. Form 16b will be generated in pdf file and password to open this file is date of birth of the buyer in ddmmyyyy format i. Therefore, click on the login option from under the login section. Login if you are existing user or click on new user to create your account. In a nutshell, this is a tds certificate for all tds deducted upon a property sale tds applicable on sale of immovable property is controlled by section 194ia of the income tax act, 1961.
Password to open form 16b is as given below as per traces the buyer date. Enter the 9digit acknowledgment number and details in part f of form 26as. Login to traces enter user id, password, pan, and captcha. Article explains important information to download form 16c from traces website, brief steps to download form 16c and pictorial guide to download form 16c. Log into traces go to last 3rd option downloads click on form 16b16c fill the form given and click submit it should be available within max 24 hrs. This video illustrates step by step process of registering on to traces webpage and download form 16b, which later needs to be given to the seller by the buyer, once he has deducted and paid tds. Traces facilitates the buyer of immovable property to download form 16b after registering. Thus, a caution message will popup once you arrive at the page. The website is also widely used by the stakeholders of the tax department to download a variety of forms, e. To download form 16b go to download, click on request for form 16b, validate details and submit your request. Form 16b tds certificate for sale of property download. Request for form 26qb and 16b by clicking on the concerned links. Once the buyer furnishes the details in form 26qb and deposits the tds, he or she can download form 16b online. Click on download, click of available and download and save it your computer.
Hope this helps you in getting form 16b from traces. This video illustrates step by step process of registering on to traces webpage and download form 16b, which later needs to be given to the. Steps to download form 16b tds certificate from traces. What is form 16b form 16b for income tax return filing. First check the status of your return 24q4 for the financial year of which you want to generate the form 16 parta. Traces offline utility for form is now available under. So if you have not registered you tan on traces then first register you tan at traces and start the procedure of download of form 16a. Authentication code is generated when you clear validation details for a statement for certain functionalities such as download form 16 16a, download nsdl conso file, download justification report, etc. What is the procedure to download form 26qb challan after. Enter the details pertaining to the property transaction for which form 16b is to be requested.