TDS on Property Purchase Calculator
When you buy a property (other than agricultural land) for ₹50 lakh or more from a resident seller, you must deduct 1% TDS under Section 194-IA and deposit it with Form 26QB. Estimate it below.
Key points on Section 194-IA
- TDS is 1% of the full sale consideration (not just the amount above ₹50 lakh).
- No TDS if the consideration is below ₹50 lakh.
- Deduct at the time of payment or credit, and deposit via Form 26QB.
- This tool covers a resident seller. If the seller is an NRI, TDS is deducted under Section 195 at higher rates — take professional advice.