Section 194IA of Income Tax

Section 194IA of Income Tax Section 194IA of the Income Tax Act is a legal provision which mandates the withholding of TDS (Tax Deducted at Source) on immovable property transactions. The provisions of Section 194IA applies to a resident transferee who…

Form 16B

Form 16B - Income Tax Form 16B is a TDS Certificate which certifies the amount of tax deducted at source during a property purchase is deposited by the buyer with the Income Tax department. To put it simply, Form 16B is a…