Form 16b is a tds certificate verifying the tds deducted on property and deposited with the income tax department. Form 16b is a tds certificate which is to be issued by a purchaser deductor to the seller deductee certifying that the amount of tax deducted at source during property purchase has been deposited with the government. Here is the guide about making payments of tds and obtaining form 16b for the buyer and form 26qb for the seller would like to run the readers through the tds payment process and the steps to be taken to. Traces tdscpc services for nris is available through. However, in order to get the form 16b that i am required to furnish to the builder, i need to go to the traces website which for the past one week at least, is not working. Deductors registered on tin and having a tan account need not register again on traces. I have made payment towards tds but not able to download certificate. May 30, 2016 getting form 16b after tds by builder can be challenging.
A tutorial on how to download form 16b online from traces website has been attached herewith for your. Jan 27, 20 as we have explained you that form 16a text file will be available at traces ww. Password to open form 16b is date of birth of the buyer in ddmmyyyy format if the date of birth is 4th october 1976, password would be 04101976. May be in near future you are able to download your form 16 or 16a also through this window. Download form 16b online from traces website chartered club. Form 16b how to request for correction and download. If the user has already downloaded the form 16b, correction request can not be placed. Article explains how to download form 16b from traces website. Jul 02, 2018 you can check your form 26as, if you have internet banking at one of the 35 authorized banks.
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. Form 26as is consolidated statement of all your tds, self assessment tax, advance tax, tax refunds, and high value transactions for relevant assessment years. Once you are registered successfully and logged on successfully on traces website, submit a request for form 16b. Form 16b is a tds certificate which reflects that the amount deducted as tds on property by the buyer has been deposited with the income tax department. The deductor can post 24 hours login to the traces system and select the download tab and then the requested downloads option. But most of us have faced a common problem that downloading the pdf generator is a tedious job and most of the attempt to download is failed for most of the person. Nov 26, 2015 the due date to download form 16a other than salary person for q4 fin. Form 16b tds certificate for sale of property company vakil. To download form 16b, go to download, click on request for form 16b, validate details and submit your request. Download request for form 16 a for a particular fy and quarter can be submitted only after form 26 q or 27 q statement for selected fy and quarter is filed by deductor and processed by tds cpc. After some time the same shall be available under download menu. Form 16 form 16a latest pdf generation utility ver. The request submitted for form 16b would be marked as available. My digital signature certificate dsc is already registered on traces.
Here is the guide about making payments of tds and obtaining form 16b for the buyer and form 26qb for the seller would like to run the readers through the tds payment process and the steps to be taken to obtain form 16b. 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. Jan 26, 20 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. Traces, the new site for tds, is malfunctioning since.
If you are a first time accessor of the website, then you will have to. Form 16b shall be generated by tds cpc on processing the form 26qb statement cm challan form filed by buyer. Article explains important information to download form 16c from traces website, brief steps to download form 16c and pictorial guide to download form 16c. We have now uploaded this file on alternative site which can be. Income tax department form16b download income tax department tax services forms 16b form 16b. Click on download, click of available and download and save it your computer. For access to form 16a, deductor collector are advised to login to traces. As advised by income tax department, the facility to verify the form 16a issued by the deductor has been discontinued at tin. Dec 10, 20 procedure to download form 16b tds certificate on sale of property from traces. The online facility of viewing form 26as helps you keeping track of your taxes and it returns. Hope this helps you in getting form 16b from traces. Traces offline utility for form is now available under.
Disabling cookies in your browser might not allow you to perform certain activities. I submitted the tds on 19th sep but unable to download form 16b. The deductor can download form 16b and furnish it to the deductee. Traces for nris does not let you download the form 26as for the last few days.
More to readwhat is the procedure to generate the form 16b. Traces issue in downloading form 16 b complaint box india. Jan 30, 20 4 thoughts on steps to download nsdl consolidated file from traces dr laxmi sharan dubey september 21, 2014 at 9. So manually field form 16a cannot be issued for tax deducted on or after 01. Before that you can view form 26as either on income tax dept portal or on your respective bank portals. Inspite of giving right token no and panamount combination the validation is no successful. Aug 09, 2016 services currently available are view 26as statement and down load form 16b in case you are the buyer of immovable properties. Certificate for tax deducted at source under section 203 on sale of immovable properties which you can fill before print on your pclaptop.
From june 20, purchaser of property with value of rs50 lakh and above should deduct 1% tds at the time of making payment. Aug 10, 2015 make a note of this number and save it in a safe location since it would be needed later to download form 16b. Make a note of this number and save it in a safe location since it would be needed later to download form 16b. May 25, 2014 25 may 2014 where there are less than 3 deductees, you can easily download the form 16a as the tdscpc website allows you to select option deductees less than three with regards to where deductees or three or more, you are required to match the pan with tds amount by checking the tds return. Steps to download nsdl consolidated file from traces tdsman. Further, after my return to india will this account opened and registered as nri account can be. Jun 12, 2018 password to open form 16b is date of birth of the buyer in ddmmyyyy format if the date of birth is 4th october 1976, password would be 04101976. How to open traces website to download form 16b from. You can check your form 26as, if you have internet banking at one of the 35 authorized banks. Certificates issued in any other form or manner will not comply to the requirements referred in the incometax act 1961 read with relevant rules and circulars issued in. The due date to download form 16a other than salary person for q4 fin. Correct information enter karne ke baad bhi ye error aa raha hai. Login to my account year pdf format to download form 26as open the downloaded file. Accessing 26as or traces website from outside india.
I am trying to download form 16b for assesment year 201415. To download form 16b go to download, click on request for form 16b, validate details and submit your request. However, when i am trying to submit online correction, system does not allow me to proceed. Traces facilitates the buyer of immovable property to download form 16b after registering on traces as taxpayer. About 4 to 10 days after putting the tds payment, the citizen can login to the traces portal for.
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. I f you are not registered with traces then first register your tan at traces and start the procedure of download of form 16 parta and form 16a. Form 16b is a tds certificate issued by a buyer to a seller of house property for the tds made. Information on traces tdscpc tdsman tds software for. The details can be tracked by any taxpayer without any paperwork and manual visits to offices. Enter the details pertaining to the property transaction for which form 16b is to be requested. Form 16 a can be downloaded from fy 2007 08 onwards. Y can check by logging into your net banking account there will be an option called view 26as or view tax credit statement. Information on traces tds cpc traces is a webbased application of the income tax department that provides an interface to all stakeholders associated with tds administration. Form 16b download the form online from traces website.
Procedure to download form 16b tds certificate on sale of property from traces. Make a note of the challan number you see on the last screen. Services currently available are view 26as statement and down load form 16b in case you are the buyer of immovable properties. It enables viewing of challan status, downloading of nsdl conso file, default reports and tds cerificates form 16 16a. Talk to any expert on tax return filing and he would suggest you to verify your form 26as. After opening form 26 as you will get information regarding total income on which tds is deducted and tds credited to your account. In view of above circulars, it may kindly be noted that the tds certificates downloaded only from traces portal will be valid. Etutorial on how to download form 16b from traces website. Tcs rate chart for ay 202021 and ay 202122 how to open and. Getting form 16b after tds by builder can be challenging. Aug 31, 2018 to download form 16b go to download, click on request for form 16b, validate details and submit your request. After the buyer fills up form 26qb and makes the tds deposit, shehe may download form 16b. Jul 07, 2014 the password for opening form 16 16a will be your tan in capital letters, i.
Complete process for filing tds on property in india. Deductors registered on tin and having a tan account need not. Traces tdscpc services for nris is available through now. Procedure to download form 16b tds certificate on sale of. 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. What is the password for opening form 16 16a text file. Tracesview tds and tcs online form 26as basunivesh.
This is the form for issuing tds certificate for other than salary. How to download form 16b for tds on property income tax. While trying to login to traces, system goes back to the landing page every time. Statement filed should not have been cancelled or nil statement. Form 16b tds certificate for sale of property download from traces. Password to open form 16b zip file is date of birth of buyer in ddmmyyyy format. You can check your form 26as without registration at efiling site. Downloading of tds certificates form 16 form 16a traces. Get expert help for tax filing or starting your business. How to open traces website to download form 16b from outside of india how to download form 16b from traces website outside of india till date traces website tdscpc. Download traces pdf generation utility to convert form 16. Once the buyer furnishes the details in form 26qb and deposits the tds, he or she can download form 16b online. Here, i show you step by step, how you can get your form 16 b from the tds website and give it to the builder using details in the challan. Complete guide on downloading form 16a by deductor of tax from traces website of income tax department.
Tds certificates should be downloaded only from traces, digital signature should be verified for form 1616a, form26as, cross check the tds certificate figures with form 26as, why you need tds certificates when form 26as provides all information, why you must provide pan to the deductor. As we have explained you that form 16a text file will be available at traces ww. On 11th december, 2014 traces has is issued advisory notice to tds deductor, download tdscertificate form 16. How to register on traces website and download form 16b. Dec 15, 2014 on 11th december, 2014 traces has is issued advisory notice to tds deductor, download tdscertificate form 16. Oct 15, 20 password to open form 16b this query is. I was not able to download 26as because of this issue for. Only a citizen, who is registered on traces as taxpayer can download form 16b, using unique approved number given while filing of form 26qb.
Form 16b shall be generated by tdscpc on processing the form 26qb statement cm challan form filed by buyer. Tds traces portal contact information and services description. How to view your form 26as online check tax credit. Scroll down, hit submit to the bank and make the payment. All the instructions regarding download traces pdf generation utility is as follows. How to download form 16 from tdscpc website ppt simple. Jul 27, 2014 accessing 26as or traces website from outside india.
Certificates issued in any other form or manner will not comply to the requirements referred in the incometax act 1961 read with relevant rules and circulars issued in this behalf from time to time. Form 16b is the tds certificate to be issued by the deductor purchaserbuyer of immovable property to the deductee seller of immovable property in respect of the taxes deducted on the sale of immovable property and deposited into the government account. What should i do if i am getting invalid password error in. You can view the form using your netbanking login only if your pan is associated with your bank account. Sir, i could not able to download form16b against 1 etax acknowledgement no. Tds on immovable property from 1st june 20 iref indian. Register on traces website to download form 16b which is to be given to builder as explained here. The password for opening form 16 16a will be your tan in capital letters, i. I have paid tds on behalf of client for purchase of property 1 u s 194ia i have used challan 26qb for tds payment please note that buyer has not tan number now i have to issue tds certificate to the seller can any of you explain the process income tax tds. As you may aware that income tax department has made it mandatory to download form 16 parta from tdscpc website vide their circular 420 dated 17. The procedure for downloading the form is as follows.
518 1191 946 1320 1531 1652 1240 1448 1312 25 1476 984 403 1624 951 717 1431 1552 619 756 1578 931 1345 1205 488 1409 6 1121 1308 376 1239 916 776 878 1040 893 1209 1033 772