Buying property over ₹50 lakh means deducting 1% TDS and filing Form 26QB. We handle the filing and the seller’s Form 16B so your purchase stays clean.
When you buy immovable property (other than agricultural land) for ₹50 lakh or more, you must deduct 1% TDS from the payment and deposit it using Form 26QB within 30 days from the end of the month of payment. You then issue Form 16B to the seller.
Buyers often miss this and face interest and penalties later. GovYapar computes the TDS, files 26QB correctly (including for multiple buyers/sellers), and generates Form 16B.
A real Chartered Accountant handles the filing end-to-end.
1% on the applicable value or instalment.
Filed within the deadline, challan paid.
Generated and shared with the seller.
Your purchase TDS is fully compliant.
On purchases of ₹50 lakh or more, deduct 1% and file 26QB within 30 days from the end of the month of payment.
Each buyer-seller combination generally needs its own 26QB. We handle the split correctly.
Interest and late fees apply, but it can still be regularised. We file it and minimise the damage.