Question 1

What is the TDS late filing fee per day?

Accepted Answer

PAN of the seller and of the purchaser / buyer - 'should be mandatorily furnished'; one challan-cum-statement per unique buyer-seller combination, and for multiple sellers the name, PAN and proportionate share of each (Income-tax Act 1961, section 194-IA, Form 26QB - now Income-tax Act 2025, section 393(1), Form 141 Schedule B); Complete address of the property transferred or proposed to be transferred (Form 141 Schedule B (e-filing user manual)); Date on which the property agreement was executed (Form 141 Schedule B (e-filing user manual)); Total consideration / sale value of the property and the stamp duty value as per the agreement - TDS is deducted on 'Amount Paid/Credit' or 'Total Stamp duty value of the Property' whichever is higher (Form 141 Schedule B (e-filing user manual); TRACES 26QB FAQ Q4); Payment terms - lump sum or instalments - and the amount and date of each payment or credit, with the TDS rate applied (Form 141 Schedule B (e-filing user manual)); Buyer's active PAN registered on the e-filing portal (Form 141 'can be filed only through PAN login'), Aadhaar-linked if an individual (recommended) (Form 141 user manual - prerequisites); After payment: Form 16B, downloaded from TRACES and issued to the seller (TRACES 26QB FAQ Q3: 'Download form 16B from TRACES portal and issue it to the seller')

Question 2

TDS on Property (Form 26QB)

Accepted Answer

The deduction a property buyer must make and deposit.

Question 3

Contract Labour (CLRA) Licence — Rajasthan

Accepted Answer

In Rajasthan the Act applies to establishments and contractors with fifty or more contract workmen (section 1(4) as substituted by the Rajasthan Amendment Act, 2014); below 50 the department states 'Registration is not required'. Threshold: Fifty or more workmen employed as contract labour on any day of the preceding twelve months (establishment or contractor). Fee basis: contractor licence fee by number of workmen, plus refundable security deposit per workman Slabs: Less than 50 workmen - registration not required — INR 0; 50 workmen — INR 60; 51-100 workmen — INR 125; 101-200 workmen — INR 250; 201-400 workmen — INR 500; 401 or more workmen — INR 625; Security deposit per workman — INR 150; Security deposit per workman - co-operative society — INR 25; Amendment fee (e.g. change in number of employees) — INR 50 Renewal: Annual; 25% late fee for renewal after 31 October (department page) Deadline: Renewal by 31 October to avoid the 25% late fee Statute: Contract Labour (Regulation and Abolition) Act, 1970 as amended by the Contract Labour (Regulation and Abolition) (Rajasthan Amendment) Act, 2014 (Act No. 19 of 2014); Rajasthan Contract Labour (Regulation and Abolition) Rules, 1971 UPGRADED (figures now recorded at source). Principal-employer registration fees were therefore not read. The 50-workmen threshold was read in the Rajasthan Gazette text of the 2014 Amendment Act (PRS copy) and matches the department page's 'Less than 50 - Registration is not required'. e-filing and e-payment are mandatory.

What is the TDS late filing fee per day?

Documents required for TDS on Property (Form 26QB)

TDS on Property (Form 26QB)

Contract Labour (CLRA) Licence — Rajasthan

Documents required for Tax Filing & Returns

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