TDS on Property Calculator (194-IA)
1% TDS on buying property of ₹50 lakh or more — Section 194-IA / Section 393, Form 26QB / Form 141.
The TDS on Property Calculator works out the 1% tax a buyer must deduct when buying immovable property, other than agricultural land, from a resident seller where the sale consideration or the stamp duty value is Rs 50 lakh or more. Payments up to 31 March 2026 fall under Section 194-IA and Form 26QB; payments from 1 April 2026 fall under Section 393(1) (Table Sl. No. 3(i)) of the Income-tax Act, 2025 and Form 141. TDS is 20% where the seller has no valid PAN.
Use the TDS on Property Calculator (194-IA)
TDS to Deduct
Compute TDS on the purchase of immovable property (land other than agricultural land, a building or part of a building) from a resident seller. TDS applies at 1% when the consideration or the stamp duty value is ₹50 lakh or more, on the higher of the two. Where there are several buyers or sellers, the ₹50 lakh test is applied to the total consideration for the property, not to each person's share. The tool picks the section and form from the payment date.
FY 2025-26 and Tax Year 2026-27 compared
| Item | Payments up to 31 March 2026 | Payments from 1 April 2026 |
|---|---|---|
| Law | Section 194-IA, Income-tax Act, 1961 | Section 393(1), Table Sl. No. 3(i), Income-tax Act, 2025 |
| Rate / threshold | 1%; consideration or stamp duty value ₹50 lakh or more | Same |
| Deposit and statement | Form 26QB, within 30 days from the end of the month of deduction | Form 141 (Schedule B), within 30 days from the end of the month of deduction |
| Certificate to seller | Form 16B, within 15 days from the due date of Form 26QB | Form 132, within 15 days from the due date of Form 141 |
| No valid PAN | 20% (Section 206AA) | 20% (Section 397(2)) |
- For instalment payments (for example, an under-construction flat), TDS is deducted on each instalment when it is paid or credited, if the total consideration or stamp duty value crosses ₹50 lakh.
- Where the stamp duty value exceeds the consideration, the tool applies 1% on the instalment scaled up in the same proportion.
- A seller whose PAN is inoperative because it is not linked with Aadhaar is treated as not having furnished PAN.
- If the seller is a non-resident, this section does not apply; TDS is deducted under Section 195 (Section 393(2) from 1 April 2026) at the rates applicable to capital gains, and the tool does not compute it.
- Late deduction or late payment attracts interest, and a late statement attracts a fee of ₹200 a day under Section 234E (capped at the TDS amount).
Frequently Asked Questions
When is TDS deducted on the purchase of property?
How does the Rs 50 lakh limit work when there are several buyers or sellers?
Which form is used to deposit TDS on property?
What if the seller does not have a PAN?
Does this TDS apply if the seller is an NRI?
Due in the next 30 days
Income tax- Tax Audit Report (Form 3CA/3CB with 3CD for FY 2025-26; Form 26 from Tax Year 2026-27)
- TDS / TCS deposit (e-Pay Tax, Challan ITNS 281) for September
Full compliance calendar → Statutory dates, which can be extended by notification. General information only.