Legal ADDA

Property TDS Payment Consultant

Are you looking for services related to the payment of Property TDS?  Legal Adda is the Best Property TDS Payment Consultant in Ahmedabad, India. Every person/Company who buys property of more than 50 Lakhs required to deduct the tax deduction at source (TDS) of 1% from the payment of the seller. Such TDS required to deposit to the Income Tax Department (Govt.) with the submission of TDS Form 26QB.

Do you require a Property TDS Payment Consultant near you?

TDS Payment on Sale of Immovable Property

As per Income Tax Act, 1961 Section 194IA is described the provisions of TDS on Sale of Immovable Property. Immovable Property Includes all types of Land, Building, Office, Commercial Spaces, Bungalows, Flat, Apartment, etc. Such TDS Required to be deducted by the buyer of property if the value of Immovable Property is more than Fifty lakhs (50 Lacs). Firstly, the Buyer of Property will deduct Straight 1% from the payment of the seller. Secondly, the Buyer will file TDS Form 26QB electronically from the NSDL Portal with the Depositing Payment of TDS. Lastly, the Buyer will Download Form 16A from TRACES a Certificate of TDS for Sale of Immovable Property, Such Form 16A should be given to the seller of Immovable Property.

What do we provide in TDS Consultancy of Immovable Property Transactions?

Documents / Details Required for Payment of TDS for Immovable Proeprty

PROPERTY TDS (SECTION 194-IA) – UPDATED COMPLIANCE (FY 2025-26)

🏠 Property TDS (Section 194-IA) – Quick Points FY 2025-26

  • Applicable under Section 194-IA

  • TDS applicable if property value ≥ ₹50 Lakhs

  • TDS Rate: 1% of consideration

  • Deduct on higher of Sale Value or Stamp Duty Value

  • Deduct at time of payment / each installment

📄 Filing & Forms

  • File Form 26QB (challan-cum-return)

  • Due within 30 days from end of month

  • Issue Form 16B to seller

👥 Special Cases

  • Joint buyers/sellers → Separate 26QB for each combination

  • NRI seller → Not 194-IA, apply Section 195 (higher TDS)

  • Agricultural land (rural) → Not applicable

🚨 High Risk Points

  • Not deducting on stamp duty value
  • Missing 30-day deadline
  • Wrong PAN / no PAN
  • Wrong section (NRI case)
  • Ignoring joint ownership filing

⚠️ PAN & Compliance

  • PAN of buyer & seller mandatory

  • PAN not available / inactive → TDS @ 20%

  • PAN-Aadhaar linking compulsory

💸 Interest & Penalty

  • Late filing fee → ₹200/day

  • Interest:

    • 1% (delay in deduction)

    • 1.5% (delay in payment)

🔍 System & Monitoring

  • Property transaction auto reflected in AIS

  • Govt matches:

    • Registry value

    • TDS filing

  • Fully online & system-driven compliance

Property TDS Payment - Download Quotation

Property TDS Payment (26QB) Consultant Near you

Property TDS Consultant Name: Legal Adda

Serving Location (Near): Ahmedabad, Whole Gujarat State All City.

Address: 310, (403 & 412) Anand Milan Complex, Opp Jain Derasar, Navrangpura Cross Road, Ahmedabad – 380009 Gujarat

Provide Service: Property TDS Payment Consultant