Understand the Process of Form 16B On the TRACES Portal Podcast By cover art

Understand the Process of Form 16B On the TRACES Portal

Understand the Process of Form 16B On the TRACES Portal

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 When somebody trades a portion of property, the expense is set aside for surcharges. This is comprehended as Tax Deducted at Source (TDS). Form 16B is a record that displays how much tax is deducted during the sale of the property. If the selling price of the property is more than 50 lakh rupees, 1% tax is deducted from the amount. The buyer should make sure this tax is paid when they finalise the acquisition. Read more - https://saginfotech.wordpress.com/2020/03/19/generate-download-form-16b/

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