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Updated for Income-tax Act, 2025 | Trusted by 50,000+ customers
Form 26QB | Form 141 Property TDS Return Filing Made Easy
Bought a property worth ₹50 lakh or more? As the buyer, you must pay 1% TDS and file the challan-cum-statement. From 1 April 2026, Form 26QB has been replaced by Form 141 (Schedule B), and the seller certificate is now Form 132. We prepare your challan, file Form 141, and deliver Form 132, so your TDS compliance is done correctly and on time.
- ₹1000 per certificate
- PAN-based, no TAN needed
- Support on WhatsApp
Fee for Property TDS Payment
One simple fee covers the challan, Form 141, and the seller certificate. The TDS amount is paid separately to the government.
Form 141 | Form 132
₹1000
/ certificate
- Challan of TDS Payment
- Form 141
- TDS Certificate (Form 132)
What You Get With Our Property TDS Filing Service
Paying property TDS looks simple, but one wrong PAN or value can stop the seller from getting credit. Our team handles every step so the filing matches the records on the income tax portal.
Challan of TDS Payment
We compute 1% TDS on the higher of consideration and stamp duty value and prepare the payment challan.
Form 141 Filing
We file the challan-cum-statement under Schedule B with correct buyer, seller, and property details.
Form 132 Certificate
We download the TDS certificate from TRACES and share it for you to hand over to the seller.
Form 26QB vs Form 141: What Changed for Property TDS
Only the section and the forms changed. The tax rule for property TDS is the same.
| Particulars | Form 26QB (Old) | Form 141 (New) |
|---|---|---|
| Law | Income-tax Act, 1961 | Income-tax Act, 2025 |
| Section | Section 194-IA | Section 393(1), Table Sl. No. 3(i) |
| Form for payment and reporting | Form 26QB | Form 141 (Schedule B) |
| Certificate to seller | Form 16B | Form 132 |
| Applies to deductions | On or before 31 March 2026 | On or after 1 April 2026 |
| Rate and threshold | 1% on ₹50 lakh or more | 1% on ₹50 lakh or more |
Who Needs to File Form 141 for Property TDS
TDS applies when
- You buy immovable property, other than agricultural land
- The seller is a resident of India
- The consideration or stamp duty value, whichever is higher, is ₹50 lakh or more
- You pay in instalments, including builder payments, on a deal above the limit
Your responsibilities as the buyer
- Deduct 1% at the earlier of payment or credit
- Pay and file Form 141 within 30 days from the end of that month
- Issue Form 132 to the seller within 15 days from the Form 141 due date
- Keep the challan and certificate for your records
NRI sellers follow a different rule under Section 393(2), so share the seller's residential status with us before you pay.
Details Required to File Form 141
Buyer and Seller Details
PAN, name, and address of the buyer and the seller, along with co-buyer or co-seller details if any.
Property Details
Property address, type, and date of agreement or registration.
Value Details
Agreed sale consideration and the stamp duty value of the property.
Payment Details
Date and amount of each payment, and the earlier acknowledgement number for instalments.
How Our Form 141 Property TDS Filing Works
Share your property and payment details
Send the buyer and seller PAN, property details, consideration, stamp duty value, and payment dates over WhatsApp.
We check applicability and compute the TDS
Our team confirms that TDS applies, calculates 1% on the higher of consideration and stamp duty value, and prepares the challan details.
Pay the TDS to the government
The TDS is paid online through the income tax portal against the challan prepared for you.
Form 141 (Schedule B) is filed
We file the challan-cum-statement and share the acknowledgement with you.
Form 132 is downloaded and delivered
After processing, we download the TDS certificate from TRACES and share Form 132 for you to give to the seller.
Due Dates, Interest and Late Fee
| Compliance | Due Date / Charge |
|---|---|
| Pay TDS and file Form 141 | Within 30 days from the end of the month of deduction |
| Issue Form 132 to seller | Within 15 days from the due date of Form 141 |
| Interest if TDS not deducted on time | 1% per month or part of a month |
| Interest if TDS deducted but not deposited on time | 1.5% per month or part of a month |
| Late fee for delayed Form 141 | ₹200 per day until filed, capped at the TDS amount |
Example: If TDS is deducted on 20 December 2026, the TDS and Form 141 are due by 30 January 2027, and Form 132 must reach the seller by 14 February 2027.
Have Questions Before You Apply?
Chat with our tax expert on WhatsApp for help with TDS calculation, joint buyers, instalments, and NRI sellers.
Chat on WhatsApp: +91 98182 09246Frequently Asked Questions
What is Form 26QB and has it been replaced by Form 141?
Form 26QB was the challan-cum-statement used to pay TDS on property purchase under Section 194-IA of the Income-tax Act, 1961. For deductions on or after 1 April 2026, the Income-tax Act, 2025 applies and the payment and reporting form is Form 141 (Schedule B).
What is the difference between Form 26QB and Form 141?
Form 26QB belongs to the old Act and Form 141 belongs to the new Act. The 1% rate, the ₹50 lakh threshold, and the 30-day deposit deadline stay the same, but the section is now 393(1), Table Sl. No. 3(i), and the seller certificate is Form 132 instead of Form 16B.
How much does property TDS filing cost with SetupFiling?
Our fee is ₹1000 per certificate and includes the challan for TDS payment, Form 141 filing, and the TDS certificate (Form 132). The TDS amount itself is paid to the government and is not part of our fee.
Do I need a TAN to file Form 141 for property TDS?
No. For purchase of property from a resident seller, the buyer files using their PAN, so a TAN is not required.
What details do I need to share to file Form 141?
Share the PAN and address of the buyer and seller, property address, agreement date, sale consideration, stamp duty value, payment dates and amounts, and any previous acknowledgement number if you are paying in instalments.
What is the due date for Form 141 and Form 132?
Form 141 and the TDS are due within 30 days from the end of the month in which the TDS is deducted. Form 132 is to be issued to the seller within 15 days from the due date of Form 141.
What happens if I file Form 141 late?
Interest applies at 1% per month if TDS is not deducted on time and 1.5% per month if it is deducted but not deposited on time. A late fee of ₹200 per day also applies until the form is filed, capped at the TDS amount.
Is TDS required if the property value is below ₹50 lakh?
No. TDS on property purchase applies when the sale consideration or the stamp duty value, whichever is higher, is ₹50 lakh or more. It does not apply to agricultural land.
Ready to File Your Property TDS Without the Hassle?
Join 50,000+ customers who trust us with their tax filings. Get your challan, Form 141, and Form 132 handled for just ₹1000 per certificate.
Apply NowThis page is for general information based on the Income-tax Act, 2025. Please confirm your specific case with a tax professional.