# propertyindia
1 posts in `propertyindia` tag

Form 16B Overview: Important Deadlines and Fines for Property TDS Certificates
This blog explains Form 16B, the TDS certificate mandatory for property sales over ₹50 lakh in India under Section 194-IA. It details the buyer's responsibility, the process involving Form 26QB, critical deadlines for certificate issuance (15 days from Form 26QB due date), and the penalties (₹100/day under Sec 272A(2)(g)) for non-compliance, emphasizing its importance for both buyers and sellers.