About This Service
When you buy a property in India, the government makes you (the buyer) a temporary tax collector. You must deduct 1% from the payment and deposit it under the seller’s PAN. In 2026, this is now calculated on the Stamp Duty Value or Sale Consideration, whichever is higher.
Eligibility & Criteria
- Limit: Mandatory if the property value is ₹50 Lakh or more.
- Forms: Form 26QB (Challan-cum-Statement) and Form 16B (Certificate for the Seller).
- Penalty: ₹200 per day for late filing of 26QB + 1.5% interest per month for late deposit.
- Value-Add: We ensure 26QB is filed within 30 days of the month-end to avoid the automatic penalty system of the TRACES portal.
