How to Download Form 16B (TDS Certificate) from TRACES?

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Sakshi Shah

Form 16B
Form 26QB
Sec 194IA
TDS
TRACES
TRACES Login

TRACES means TDS Reconciliation Analysis and Correction Enabling System. It is the online portal for administration and implementation of TDS (Tax Deducted at Source) and TCS (Tax Collected at Source). TRACES is the online portal for filing TDS Returns, correction of TDS Returns and downloading TDS documents. Form 16B is a TDS Certificate issued by a Buyer (Taxpayer) to Seller (Deductee) on purchase of property under Sec 194IA. It contains details of payment on the sale of immovable property and TDS deducted on it.

The Buyer i.e. Taxpayer can download Form 16B from his account on TRACES. To download Form 16B, it is necessary that the status of the submitted return i.e. Form 26QB should be ‘Processed’.

TDS Return for Sale of Property (Form 26QB)
CA Assisted TDS Return filing plan for individuals and businesses purchasing a house / property of value more than INR 50 Lakh.
[Rated 4.8 stars by customers like you]
TDS Return for Sale of Property (Form 26QB)
CA Assisted TDS Return filing plan for individuals and businesses purchasing a house / property of value more than INR 50 Lakh.
[Rated 4.8 stars by customers like you]

Steps to download Form 16B (TDS Certificate) from TRACES

  1. Log in to TRACES

    Login to TRACES – Enter User Id, Password, PAN, and captcha. The User Id for a taxpayer is the PAN.TRACES - Login Page for Taxpayers

  2. Navigate to Form 16B/16C

    Go to Downloads > Form 16B/16C (For Buyer/ Tenant)TRACES - Download Form 16B or Form 16C - Navigate

  3. Enter the required details

    Select the required details for which you want to download Form 16B. Click on ‘Proceed’. PAN of the user logged in should not be the same as the PAN of the seller. Click on ‘Proceed’
    1. Form Type – Select Form 26QB
    2. Assessment Year
    3. Acknowledgment Number
    4. PAN of LandlordTRACES - Download Form 16B or Form 16C - Enter Search Details

  4. Authorised person

    The details of the Authorised Person will appear on the screen. These details are populated from the profile information on TRACES. Further, these details would be printed on Form 16B. Click on SubmitTRACES - Download Form 16B - Authorised Person Details

  5. Success Page

    Success page will appear on the screen. A Request Number is generated. You can download the file from tab ‘Downloads’TRACES - Download Form 16B - Success Message

  6. Navigate to requested downloads

    Go to Downloads > Requested Downloads

  7. Request number/date

    Enter the Request Number or Request Date. Click on ‘View Request’. Click on ‘View All’ to view all the download requests. List of requests pertaining to the search criteria will appear. Select the row containing Form 16B PDF file. If the status is ‘Available‘, click on the download button.
    Note: If the status is ‘Submitted’, please wait for 24 to 48 hours for the status to change to ‘Available’TRACES - Download Form 16B - Request Number

  8. Download the file

    Click on the HTTP Download button to download the file. A zip file is downloaded. The password to open ‘Form 16B’ Zip file is Date of Birth of Buyer in DDMMYYYY format. E.g. 15051990TRACES - Form 16B

FAQs

What are the different ‘Request Status’ to download Form 16B on TRACES?

1. Submitted – Successful submission of Request for Form 16B
2. Available: Form 16B available for downloading
3. Failed: Taxpayer should request Form 16B again or is advised to contact CPC(TDS)

I have sold a property and my buyer has deducted TDS u/s 194IA. How can I download my Form 16B?

The seller cannot download Form 16B on their own. You should request your deductor i.e. buyer to provide you with Form 16B since he has deducted the TDS and filed TDS Return (Form 26QB). However, you can download Form 26AS from your account on the income tax website. It contains details of total purchase amount and TDS deducted on it.

I am a Buyer of immovable property. Do I need to deduct TDS?

A buyer of immovable property of Rs. 50 lacs or more, should deduct TDS @ 1% on sale consideration before making payment to the seller. The buyer should deposit the TDS with the Income Tax Department and file TDS Return Form 26QB.

I filed Form 26QB but forgot to save the Acknowledgement Number at TIN website. How can I get the Acknowledgement Number?

1. Acknowledgment number of Form 26QB is available in Form 26AS (Annual Tax Statement) of the Deductor (Buyer of property)
2. The taxpayer can also click the option ‘View Acknowledgment’ hosted on the TIN website. Enter PAN of the Buyer and Seller, Total Payment and Assessment Year (as mentioned at the time of filing the Form 26QB) to retrieve the Acknowledgment Number

I am a buyer of immovable property. Should I deduct TDS u/s 194IA on whole amount or only the amount exceeding Rs. 50 lacs?

The TDS should be deducted on the whole amount paid or credited to the Deductee. For example, If immovable property is sold for Rs. 80 lacs, TDS u/s 194IA should be deducted by the Buyer on Rs. 80 lacs and not on Rs. 30 lacs (amount in excess of Rs. 50 lacs).

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