Form 16B
Get Guaranteed Returns After a Month^
Unlock the Power of Smart Investment!
-
Table of Contents
- What is the 16B form?
- Who May Submit a Form 16B?
- Tax deduction types and those in charge of taking deductions
- Characteristics of Section 194I TDS on Property Sale
- What makes up the Form 16B components?
- When is the Form 16 Issue Due Date?
- Making a TDS deposit
- Forms 16B and 26QB
- How Do I Pay Tax Using Form 26QB?
- What does the Income Tax Act of 1961's Form 26QB entail?
- What happens if the payer lacks TAN?
- How may someone’s Form 16B be downloaded?
- Brief Facts About 16B
- Deductors make electronic payments without online banking
- Conclusion
- FAQs
What is the 16B form?
Who May Submit a Form 16B?
Tax deduction types and those in charge of taking deductions
Characteristics of Section 194I TDS on Property Sale
What makes up the Form 16B components?
When is the Form 16 Issue Due Date?
Making a TDS deposit
Forms 16B and 26QB
How Do I Pay Tax Using Form 26QB?
What does the Income Tax Act of 1961's Form 26QB entail?
What happens if the payer lacks TAN?
How may someone’s Form 16B be downloaded?
Brief Facts About 16B
Deductors make electronic payments without online banking
Conclusion
FAQs
• The buyer must register as a taxpayer on TRACES.
• Register as a taxpayer on TRACES and make a Form 16B download request under the "Downloads" page. The file will be accessible on the "Downloads" page under "Requested Downloads."
The password to access the PDF file for Form 16B is the buyer's date of birth in the format of DDMMYYYY; for example, if the date of birth is October 4, 1976, the password would be 04101976.
About Author
ABSLI DigiShield Plan
-
Disclaimer
ABSLI DigiShield Plan. This is a non-linked non-participating individual pure risk premium life insurance plan; upon Policyholder’s selection of Plan Option 9 (Level Cover with Survival Benefit) and Plan Option 10 (Return of Premium [ROP]) this product shall be a non-linked non-participating individual life savings insurance plan. UIN: 109N108V11
^ ABSLI DigiShield Plan scenario: Female, non smoker, Age: 21 years, level Term Insurance, Premium paying Term: regular pay, policy term: 25 years, Pay frequency: Annual Premium of Rs. 6500/12 months (on average Rs. 542/month) Exclusive of GST (offline premium).
~ Our life insurance policies cover COVID -19 claims under life insurance claims, subject to applicable terms & conditions of policy contract and extant regulatory framework.
ADV/11/22-23/2046
Subscribe to our Newsletter
Get the latest product updates, company news, and special offers delivered right to your inbox
Thank you for Subscribing
Stay connected for tips on insurance and investments