Steps to fill form 26QB
- Now you can see your PAN application status.
- Go to TIN NSDL website ( www.tin-nsdl.com ).
- Under 'TDS on sale of property', click on "Online form for furnishing TDS on property (Form 26QB)"
- Select the applicable challan as "TDS on Sale of Property".
- Fill the complete form as applicable.(User should be ready with the following information while filling the form 26QB :
- PAN of the seller & buyer
- Communication details of seller & buyer
- Property details
- Amount paid/credited & tax deposit details
- Submit the duly filled form to proceed. A confirmation screen appears.
- After confirming, a screen appears showing two buttons as "Print Form 26QB" and "Submit to the bank".
- A unique acknowledgement number is also displayed on the screen. It is advisable to save this acknowledgment number for future use.
- Click on "Print Form 26QB" to print the form. Then click on "Submit to the bank" to make the required payment online through internet banking.
- Then proceed to the payment page through internet banking facility of various banks.
- On successful payment a challan counterfoil will be displayed containing CIN, payment details and bank name through which e-payment has been made. This counterfoil is proof of payment being made.
Proceed to TRACES Portal (www.tdscpc.gov.in) after 5 days to download Form 16B.
Steps to Download Form 16B:
- Register & login on TRACES portal ( www.tdscpc.gov.in) as taxpayer using your PAN.
- Select "Form 16B (For Buyer)" under "Downloads" menu.
- Enter the details pertaining to the property transaction for which Form 16B is to be requested. Enter the Assessment Year, Acknowledgment Number, PAN of Seller and click on "Proceed".
- A confirmation screen will appear. Click on "Submit Request" to proceed.
- A success message on submission of download request will appear. Please note the request number to search for the download request.
- Click on "Requested Downloads" to download the requested files.
- Search for the request with request number. Select the request row and click on "HTTP download" button.