Form 26QB Filing challan-cum-statement — within 30 days.
Form 26QB is the challan-cum-statement for TDS on purchase of immovable property under Section 194IA. We file it accurately, deposit the TDS on time, generate Form 16B for the seller, and handle every default notice that follows.
Form 26QB is unique. Unlike a quarterly TDS return, it is a challan-cum-statement — every property purchase generates its own 26QB, filed within 30 days from the end of the month in which TDS is deducted. The same form serves as both the challan for tax payment and the statement reporting the deduction to the department.
Despite its simplicity, 26QB is one of the most error-prone TDS workflows. Common mistakes include wrong PAN of seller or buyer, incorrect property value due to GST or stamp duty inclusion, wrong section 194IA flag, joint-buyer share misallocation, and date mismatches between deduction and payment. Each error triggers a CPC-TDS default that can take months to resolve.
Our 26QB service is comprehensive — we verify PANs of all parties, structure the consideration correctly, calculate the TDS, file the form on the protean e-payment portal, generate the acknowledgement for registration, download Form 16B for the seller, and respond to any default notices that follow.
Our 26QB Services
PAN Verification
Verification of buyer and seller PANs to prevent higher TDS under Section 206AA on inoperative or invalid PANs.
Consideration Structuring
Correct treatment of GST, stamp duty, parking, club, and registration costs in the TDS base.
Joint Buyer Allocation
Correct allocation between joint buyers in proportion to ownership share and payment contribution.
Installment Handling
Filing of separate Form 26QB for each installment, advance, and final payment as required.
Online Filing
Filing 26QB on the Income Tax e-pay portal with correct section, rate, and challan integration.
Form 16B Issue
Download and issue of Form 16B TDS certificate to the seller from the TRACES portal.
Registration Support
Provision of 26QB acknowledgement to the sub-registrar office for registration formalities.
Default Response
Reply to CPC-TDS default notices for late filing, short deduction, or PAN mismatch with correction filing.
Our 26QB Workflow
Document Collection
Sale agreement, PANs of all buyers and sellers, payment schedule, and consideration breakdown.
TDS Computation
Calculation of 1% TDS, allocation among joint buyers, and treatment of each installment.
Form Filing & Payment
Online filing of 26QB and challan payment within 30 days from the end of the month of deduction.
Form 16B
Download of Form 16B from TRACES after 7-10 days and delivery to the seller.
Reconciliation
Reconciliation of TDS in 26AS for both buyer and seller, with closure of the transaction.
Why Use Our 26QB Service
Frequently Asked Questions
Form 26QB is the challan-cum-statement for TDS deducted under Section 194IA on purchase of immovable property exceeding ₹50 lakh from a resident seller.
Within 30 days from the end of the month in which TDS is deducted. The deduction itself happens at the time of payment to the seller.
No. Form 26QB is filed using the buyer's PAN — a TAN is not required. The form combines challan and statement in one online filing.
Each joint buyer files a separate Form 26QB for their share of the consideration paid, with TDS computed at 1% on that proportionate amount.
Form 16B is the TDS certificate issued by the buyer to the seller, downloadable from TRACES after 7–10 days of 26QB filing.
Need to File Form 26QB?
Within 30 days of deduction — PAN-verified, correctly computed, filed online, and Form 16B delivered to the seller.
File Form 26QB Now or call +91 9819 000 511