21 February 2022
Under 'Property Details' in form 26QB, I am able to understand below terms: 1. Date of Payment/Credit: Is this a date when booking amount was paid or Agreement executed or a date when 100% payment to the builder was done? 2. Date of Tax Deduction: Do we need to put today's date when we are paying TDS on property?
In my case, I paid Booking amount in 2013, agreement was executed in 2014 & I haven't got possession yet so haven't paid full amount to Bulider.
22 February 2022
Thank you, Puja Ma'am. Just to confirm, if I am paying TDS today shall I put today's date 'Date of Payment/Credit' as well as 'Date of Tax Deduction'?
26 February 2022
1. Date of payment or credit will be date on which installment was due. 2. Date of tax deduction is date on which you deducted tax from the payment..
CAclubindia
