TDS on immovable property: ensure Form 16B is generated by entering tax from Form 26QB into Basic Tax field. Enter the TDS amount from Form 26QB in the bank portal field labelled Basic Tax (Income Tax), because Form 16B on TRACES is generated solely from the Basic Tax entry; entering the amount elsewhere will prevent Form 16B generation.
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TDS on immovable property: ensure Form 16B is generated by entering tax from Form 26QB into Basic Tax field.
Enter the TDS amount from Form 26QB in the bank portal field labelled Basic Tax (Income Tax), because Form 16B on TRACES is generated solely from the Basic Tax entry; entering the amount elsewhere will prevent Form 16B generation.
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