Applicable, check below link
https://nritaxservices.com/Purchase%20of%20Immovable%20Property/M__66
Non resident sale his property
Page no : 2
Sreevidhya V
(405 Points)
Replied 07 June 2022
From this article I could infer 26QB can be used by buyer including NRI. but Here the discussion is about NRI seller who sells his property and buyer deduct u/s 195. in this case Is 26qb used?
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 07 June 2022
Yes, then also Form 26QB used.
Eswar Reddy S
(CFO- at NHTF)
(58270 Points)
Replied 08 June 2022
Check once , if you select seller residential status as NRI then you get error message stating that 26QB is not applicable and it is covered by Section 195
Eswar Reddy S
(CFO- at NHTF)
(58270 Points)
Replied 08 June 2022
yee/Seller/Transferor
As Status of the Payee/Seller/Transferor is Non-Resident, Form 26QB will not be applicable. The correct form to be used is Form 27
You can check once.
Today also I have checked
Eswar Reddy S
(CFO- at NHTF)
(58270 Points)
Replied 08 June 2022
You may check it from NSDL etax payment system
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 08 June 2022
Please provide some link and clarification
Eswar Reddy S
(CFO- at NHTF)
(58270 Points)
Replied 08 June 2022
Go to 26QB e- challan , Hope you have practical knowledge on this
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 08 June 2022
There is nothing like Form 27
Eswar Reddy S
(CFO- at NHTF)
(58270 Points)
Replied 08 June 2022
Have you opened 26QB e challan ?
Just do the test checking.
Do you know which form to be used for Tds payments under section 195 ?
Just do the test checking.
Do you know which form to be used for Tds payments under section 195 ?
Eswar Reddy S
(CFO- at NHTF)
(58270 Points)
Replied 08 June 2022
Do you know which form to be used for Tds filing for tds Payments made under section 195 ?
Yoy read your comments to this query again
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 08 June 2022
Sir, i am practising CA and definately filed Form 26QB
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 08 June 2022
And for your information there is no FORM 27, its 27Q
Eswar Reddy S
(CFO- at NHTF)
(58270 Points)
Replied 08 June 2022
If you are practicing CA then you might be knowing there is an of NRI seller in 26QB .
Select it and test check without filling any details
Select it and test check without filling any details
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