tds

TDS on Property Purchase: Section 194IA

TDS @1% on property purchase above ₹50 lakh. Buyer deductor, registration, certificate.

GetYourCA Team
2 April 2026·Updated 2 April 20261 min read12.5K views

TDS on Property Purchase Section 194IA#

Applicable?#

  • Property (land/building)
  • Transfer value > ₹50 lakh
  • Buyer to deduct TDS

Rate & Calculation#

  • Rate: 1% of stamp duty value
  • Example: ₹60 lakh = ₹60,000 TDS

Process#

  1. Deduct 1% on deal value
  2. Deposit by 7th of next month
  3. Get Form 16B for buyer
  4. Seller gets certificate

Important Points#

  • No TDS below ₹50 lakh
  • Must provide PAN of seller
  • Certificate within 15 days

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Disclaimer

We have taken utmost care to research and write this article for your information. However, tax laws are complex and subject to frequent changes. This article is for general guidance only and should not be considered professional advice. Individual circumstances vary significantly — what works for one person may not apply to another.

Before making any tax-related decisions, we strongly recommend consulting with a qualified Chartered Accountant or tax professional who can assess your specific situation. We do not accept any liability for decisions made based on this information.

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