TDS certificate requirement: deductor must issue Form 16C following deduction under section 194-IB within statutory timeline. Deductors who deduct tax under section 194-IB must issue a TDS certificate in Form No. 16C to the deductee. The certificate is to be issued in connection ... Summary
TDS certificate requirement: deductor must issue Form 16C following deduction under section 194-IB within statutory timeline.
Deductors who deduct tax under section 194-IB must issue a TDS certificate in Form No. 16C to the deductee. The certificate is to be issued in connection with the challan-cum-statement filed in Form No. 26QC, and must be furnished within fifteen days from the due date for furnishing that Form 26QC.
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