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Ramesh Sharma
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Ramesh SharmaEnlightened
Asked: November 15, 20242024-11-15T11:21:38+05:30 2024-11-15T11:21:38+05:30In: Income Tax

How to make payment of TDS on purchase of Property?

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How to make payment of TDS on purchase of Property?
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    1. KULDEEP SHARMA Teacher
      2024-12-30T20:39:33+05:30Added an answer on December 30, 2024 at 8:39 pm

      Following process should be adopted if you purchases any property of which DLC rate/ Stamp Value exceeds Rs. 50,00,000/- and rate of TDS is 0.1%.. At the time of payment of installment or date of registry whichever is earlier.   You are allowed 5 days for making TDS payment after the month in whichRead more

      1. Following process should be adopted if you purchases any property of which DLC rate/ Stamp Value exceeds Rs. 50,00,000/- and rate of TDS is 0.1%.. At the time of payment of installment or date of registry whichever is earlier.   You are allowed 5 days for making TDS payment after the month in which transaction took place
      2. Go to the login page of the official Income Tax website (https://eportal.incometax.gov.in/iec/foservices/#/login?language-code=en)
      3. log in to your account
      4. Navigate to the “E-file” section and select ‘e-pay Tax
      5. In the ‘New payment’ section click the “Proceed” button for ’26QB (TDS on sale of the property)
      6. Fill in three pages with the below necessary information:
      • DetaBuyer and seller basic details
      • ils of property
      • Ttax deposit details
      • Property consideration credited or paid
      • Property address details
      • Contact details
      • Residential status of the seller.

      6. Choose your preferred payment mode: ‘Pay later’ or ‘Pay Now’.

      7. Click on ‘Pay Now’ to make payment of TDS

      8. After payment, the Form 26QB acknowledgment will be generated and can be downloaded.

      9. Login as a Taxpayer on the TRACES Portal (https://contents.tdscpc.gov.in/) and generate the TDS Certificate from

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    2. CA Vishnu Ram Enlightened
      2024-11-15T12:13:47+05:30Added an answer on November 15, 2024 at 12:13 pm
      This answer was edited.

      Here is the step-by-step process for making payment for TDS on immovable property. Go to the login page of the official Income Tax website (https://eportal.incometax.gov.in/iec/foservices/#/login?language-code=en) log in to your account Navigate to the "E-file" section and select 'e-pay Tax In the 'Read more

      Here is the step-by-step process for making payment for TDS on immovable property.

      1. Go to the login page of the official Income Tax website (https://eportal.incometax.gov.in/iec/foservices/#/login?language-code=en)
      2. log in to your account
      3. Navigate to the “E-file” section and select ‘e-pay Tax
      4. In the ‘New payment’ section click the “Proceed” button for ’26QB (TDS on sale of the property)
      5. Fill in three pages with the below necessary information:
      • DetaBuyer and seller basic details
      • ils of property
      • Ttax deposit details
      • Property consideration credited or paid
      • Property address details
      • Contact details
      • Residential status of the seller.

      6. Choose your preferred payment mode: ‘Pay later’ or ‘Pay Now’.

      7. Click on ‘Pay Now’ to make payment of TDS

      8. After payment, the Form 26QB acknowledgment will be generated and can be downloaded.

      9. Login as a Taxpayer on the TRACES Portal (https://contents.tdscpc.gov.in/) and generate the TDS Certificate from

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