TDS Compliance Made Easy

FAQs

What is Property TDS? & Who needs to pay?

Property TDS (Tax Deducted at Source on Property Transaction) refers to the tax that a buyer of an immovable property must deduct and deposit with the government when making payment to the seller.

Property TDS Applicability?

Can I rectify errors?

What if I miss?

Rate of TDS ?

Yes, we help with corrections. Rectifying errors or defaults in TDS payment

1% of the total sale consideration (excluding GST, if applicable).
If the seller does not provide PAN, TDS rate becomes 20% (as per Section 206AA).

According to Section 194-IA of the Income Tax Act, 1961,when you buy any immovable property (like land, building, flat, etc.) worth more than ₹50 lakh, you (the buyer) must deduct 1% TDS from the sale consideration before making payment to the seller.

Deduct TDS at the time of payment (full or part).
Deposit it with the government within 30 days from the end of the month in which the deduction is made.

When to Deduct and Deposit?

If you miss it, interest & penalties will be applicable for the delay.

Section 201(1A)(i)- TDS not deducted- 1% per month from the date TDS was required to be deducted till the date it is actually deducted
Section 201(1A)(ii) - TDS deducted but not deposited- 1.5% per month from the date of deduction till the date it is actually deposited
Section 234E- Late Filing Fee- If Form 26QB is filed after the due date (30 days from end of the month of deduction):
➤ ₹200 per day of delay,
➤ Subject to a maximum equal to the TDS amount.

Services

Expert TDS services for property transactions.

⚖️ Property & Income Tax Compliance Advisory

Tax laws related to property transactions are complex and ever-changing. Our experts ensure that all your dealings comply with current tax provisions — saving you from future legal or financial complications.

We Help You With:

Advisory on property purchase/sale from a tax perspective.
Guidance for NRI transactions and Double Tax Avoidance Agreement (DTAA) compliance.
Representation before tax authorities for TDS, capital gains, or scrutiny cases.
Year-round tax and compliance planning for individuals and property investors.
Maintaining proper documentation for audit and record purposes.

🧾 Capital Gain Calculation & Tax Planning

Whenever you sell a property, you may have to pay capital gains tax — either short-term or long-term, depending on the holding period. Accurate calculation and smart planning can help you reduce or defer taxes legally.

We Help You With:

Identifying the correct type of capital gain (short-term / long-term).
Computing indexed cost of acquisition and improvement.
Calculating net taxable capital gains after all exemptions (like Section 54, 54EC, 54F).
Advising on reinvestment options to save tax.
Preparing detailed working papers and reports for record-keeping and ITR filing.

Property valuation is crucial for taxation, sale, inheritance, and investment decisions. The Income Tax Department often requires a Fair Market Value (FMV) / Valuation Report for capital gain computation or compliance.

We Help You With:

Getting property valuation done through government-registered valuers recognized by the Income Tax Department.
Providing government-approved valuers with certified valuation reports for income tax, wealth tax, and transfer pricing purposes.
Assisting in valuation for gift, inheritance, or succession planning.
Providing support during scrutiny assessments or notices from tax authorities

🏗️ Property Valuation Reports

Contact Us

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