Form 26QB, TDS on Property Purchase
Combined challan-cum-statement for TDS deducted on the purchase of immovable property under Section 194-IA.
Who files it
The buyer of immovable property, when the consideration is above the threshold for Section 194-IA.
Frequency
Event-based
Due date
Within 30 days from the end of the month in which TDS was deducted
Filed with
TIN NSDL / Income Tax e-filing portal
Unlike most TDS provisions, Section 194-IA does not require the buyer to hold a TAN. Form 26QB combines the deduction statement and the tax payment into a single filing, which is what makes it usable by an individual buyer who is not otherwise registered as a TDS deductor.
Once Form 26QB is filed and the tax deposited, the buyer can generate Form 16B from the TRACES portal and issue it to the seller as proof of TDS deducted on the transaction.
This is a quick-reference summary, not a filing walkthrough. Due dates shown are the statutory defaults and can be extended in practice; applicability depends on your specific registration, turnover, and entity type. For general informational purposes only, not professional tax or legal advice.