Communication
Number 4, dated 21th October, 2013
Description: - Reasons for Zero Credit in Form 16B
It has been observed that deductors
are wrongly entering the tax amount deducted on sale of property in 'interest'
or 'others' or 'fee' column while making the e-payment. Accordingly, zero TDS
credit will appear in Form 16B.
Advise
The Deductor (Buyer) should fill the amount of tax in 'TDS
Amount to be Paid' field and not in 'Interest' or 'Fee' field. Else, the seller
will not get the credit of such tax.
0 comments:
Post a Comment