Single Buyer / Seller
When: Straightforward purchase
- One 26QB filing and 16B.
TDS deduction, deposit and Form 26QB filing for purchase of immovable property above ₹50 lakh — buyer-side compliance under Section 194-IA.
Starting at
₹1,499
TDS on Property (26QB)
Property buyers paying ₹50 lakh+ consideration to a resident seller.
Timeline
1–3 working days
Under Section 194-IA, every buyer purchasing immovable property (other than agricultural land) above ₹50 lakh must deduct 1% TDS, deposit it through Form 26QB, and issue Form 16B to the seller within prescribed time.
TL;DR
Share the agreement; we compute TDS, deposit via 26QB on TIN-NSDL, and hand the seller a clean Form 16B.
Section 194-IA
Income-tax provision requiring 1% TDS on property sale value ≥ ₹50 lakh.
Form 26QB
Challan-cum-statement filed by buyer for property TDS.
Form 16B
TDS certificate issued by buyer to seller, downloaded from TRACES.
When: Straightforward purchase
When: Multiple buyers or sellers
When: Under-construction property
1
Consideration, parties and PAN check.
2
1% TDS per instalment / total.
3
Online payment & acknowledgement.
4
Downloaded from TRACES and given to seller.
Upload via our secure portal. We pre-check every scan before filing - cuts portal rejections by ~90%.
Still unsure if TDS on Property (26QB) is right for your case? Book a free 20-minute consult - a senior CA / CS will walk you through your specifics.
Still have questions?
Book a free 20-minute consult with a senior partner - we'll walk through your case and outline next steps.
Talk to a partner →A senior CA / CS will get on a call with you, confirm scope and start the work - usually within 24 hours.