TDS on sale of property: Address of deductor on form 26QB & 16B

Dear Sir,

It will be generated against current address. Please amend the address in PAN database. If against PAN address still there is no problem to the builder.

Thanks

Hii,

Hope you are doing well !

The address in Form 16 will be your current address.

If form 16B is generated with the old address, still there is no problem to the builder.

For future , please update your current address in PAN.

Thanks & Regards,

Payal Chhajed

Hi

Form 16 should be generated with the current address mentioned in Form 26 QB. Please keep your PAN updated with current address.

Such change in address shall not be an issue in this case.

I think there should be No issue with address as watever tds you deducted will be reflected on his 26AS and he will be able to take the credit of same.

Even if builder raise any question you can put this point of claiming the tds.

Generally address doesn't matter in income tax, if Name, PAN of builder and Amount are correctly mentioned.

So you should not be worry.

It is irrelvant whether form 16B is issued from your current address or PAN address.

There should not be any issue because of this difference in address.

Dont worry, There will be no issue reagrding the change in adress. The main thing is PAN/TAn Number so that one can claim the refund or adjust against tax liablity at the time of Filling the return.

Form 16B will be generated by the current address submitted by you. & it wont be any problem for builder.

There should not be any problem even in case the addresses are different.

Hello,

Address is not a problem. The most important part is the PAN number. That has to be stated correctly for both the parties.

Trust this clarifies your query.

Feel free to call / get back in case of further clarifications.

Thanking You.

Regards,

Rohit R Sharma

BCOM, FCA, LLB, CERT. FAFP