Form 26QB is a challan for filing Tax Deducted at Source (TDS) return to the government for deductions performed under Section 194-IA of the Income Tax Act, 1961.
It recognises both the trader and lists, description, and the number of objects sold, indicates the shipment date and conveyance, costs and discounts, if any, and delivery and compensation manners.
Read on further to understand the entire process in a few simple steps:- Visit the official NSDL e-Government website (https://www.tin-nsdl.com/services/tan/tan-introduction.html) Click on ‘TAN’ under the services link.
There are certain distinct types of partnerships in India: Active Partner: An active partner, also known as a managing partner, is a partner who is involved in the major operational and managerial parts of the business.