E.g.Income Tax Form 26AS includes all the information on the tax deducted on your income. The password to open ‘Form 16B’ Zip file is Date of Birth of Buyer in DDMMYYYY format. Note: If the status is ‘Submitted’, please wait for 24 to 48 hours for the status to change to ‘Available’Ĭlick on the HTTP Download button to download the file. If the status is ‘ Available‘, click on the download button. Select the row containing Form 16B PDF file. List of requests pertaining to the search criteria will appear. Click on ‘View All’ to view all the download requests.

You can download the file from tab ‘Downloads’Įnter the Request Number or Request Date. Further, these details would be printed on Form 16B. These details are populated from the profile information on TRACES. The details of the Authorised Person will appear on the screen. PAN of the user logged in should not be the same as the PAN of the seller.

Select the required details for which you want to download Form 16. Go to Downloads > Form 16B/16C (For Buyer/ Tenant) Login to TRACES – Enter User Id, Password, PAN, and captcha. PAN of Buyer and PAN of Seller is mandatory To file Form 26QB, TAN is not required.TDS Certificate – Buyer should provide Form 16B to the Seller.TDS Return – Buyer should file Form 26QB.Rate & Section – Buyer should deduct TDS u/s 194IA 1%.Nature of Payment – Sale of Immovable Property exceeding Rs.

Deductor or Taxpayer – Any person who buys an immovable property other than agricultural land.

It contains details of payment on the sale of immovable property and TDS deducted on it. Form 16B is a TDS Certificate issued by a Buyer (Taxpayer) to Seller (Deductee) on purchase of property under Sec 194IA which taxpayers can download from the TRACES portal. TRACES is the online portal for filing TDS Returns, correction of TDS Returns, and downloading TDS documents. It is the online portal for administration and implementation of TDS (Tax Deducted at Source) and TCS (Tax Collected at Source). TRACES means TDS Reconciliation Analysis and Correction Enabling System.

Form 26as traces