When somebody trades a portion of property, the expense is set aside for surcharges. This is comprehended as Tax Deducted at Source (TDS). Form 16B is a record that displays how much tax is deducted during the sale of the property. If the selling price of the property is more than 50 lakh rupees, 1% tax is deducted from the amount. The buyer should make sure this tax is paid when they finalise the acquisition. Read more - https://saginfotech.wordpress.com/2020/03/19/generate-download-form-16b/
","author_name":"Amit Gupta"}