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.

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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 Payment (26QB) Consultant Near you

What is the process of Payment of TDS for the Sale of Immovable Property?

  • Send us required Details of Buyer, Seller and Property

    Send us required information and documents of Buyer & Sellet (PAN Card and Adhar Card) and Address of property. Our Executive will prepare Form 26QB within 30 Min.

  • Uploading Form 26QB and Payment of TDS Chalan for Property TDS

    Once We will prepare, we will send form for confirmation, on your approval we will file Form 26QB at NSDL portal. After filing of Form Chalan payment required. as per your convenient mode we will prepare and pay chalan.

  • Form 16A Downloading

    Once TRACES portal will generate form 16A for Sale of immovable proeprty. Our Manager will provide you Form 16A.

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