12 April 2016
Sir, My father has received e-mail intimation from cpc(tds) to file 26QB for f.y.2013-14 for tds on puchase of immovable property.the purchase transaction took place on 5 th may 2013(that is registry was done on 5th may 2013)...and tds on immovable property got into effect from 1 june 2013.hence no tds was deducted by him and no 26QB was filed.now what should i do?is 26 QB required to be filed for above transaction?if tds not applicable on above transaction how and where should i replay to I T department?
12 April 2016
Nothing to pay just reply the TDS Reconciliation analysis and correction enabling system regarding it. It is advisable that consult ant tax professional to recheck the all the points before submitting the reply.