TDS on Sale of Property

There are 2 parts to the whole process of TDS on Sale of Property. Part-1 is to pay TDS to govt account through online filing of Form 26QB (TDS Return) Part-2 is to issue TDS certificate ‘Form 16B‘ to the Seller. Part-1 Filing Form 26QB (TDS Return) Step-1: Log in to your account on the […]

TDS on Sale of property – An overview When you buy or sell an immovable property (Land or building or part of a building) in India, the buyer (Transferee) is supposed to deduct tax on the amount paid/to be paid to the seller. Just like tax (TDS Tax Deducted at Source) is deducted on salary