Chartered Accountants in India, working with clients across the UK

Form 26QB TDS on Property
Income Tax · Property TDS form

Form 26QB is now Form 141:property TDS made simple.

Buyers of property from resident sellers deduct 1% TDS when the price is ₹50 lakh or more. This used to be paid on Form 26QB. From 1 April 2026 it is Form 141, a combined challan and statement filed with your PAN. We file it, issue the certificate and fix older 26QB filings.

Form 141 and old 26QBFees agreed in writingCertificate issued
Rate1% from resident sellers
Threshold₹50 lakh or more
Deadline30 days after month end
CertificateForm 132, was 16B

From 26QB to Form 141.

 Before April 2026From April 2026
FormForm 26QBForm 141
Certificate to sellerForm 16BForm 132
TAN neededNoNo, PAN-based
Rate and threshold1% at ₹50 lakhUnchanged
Deadline30 days after month endUnchanged

Corrections to payments made before April 2026 are still made through the old 26QB process.

Key rules.

  • Seller must be residentFor NRI sellers, see TDS on Purchase of Property.
  • Higher of price and stamp valueTDS is on the higher of the two.
  • Every instalmentIncluding advances and the final payment.
  • Joint buyers and sellersEach buyer files for their share.
  • Seller's PANA valid PAN is needed, or a higher rate applies.
  • Late filingInterest and a daily late fee apply.

How we help.

01
Check

Price and seller

Threshold, stamp value and seller status.

02
File

Form 141

For each payment, within the deadline.

03
Certify

Form 132

Downloaded and sent to the seller.

04
Fix

Older 26QB errors

Corrections for earlier payments.

Why NRIs in the UK choose us for India tax.

Both sides of the border

We work with the India side of your tax while keeping your UK Self Assessment and treaty position in view.

Reviewed before filing

Every computation is checked by a second Chartered Accountant before anything is filed.

Fees agreed in writing

A written scope and fee before work starts, with no surprise charges later.

Secure and fully online

Encrypted document sharing and e-verification, so nothing needs a trip to India.

One team all year

Returns, TDS refunds, FEMA questions and property sales handled by the same team.

Plain-English answers

Clear explanations of what you owe, why, and what to keep for next year.

Property TDS for buyers across the UK.

We handle TDS for NRIs, UK-owned companies and families in India, working online with clients across England, Scotland, Wales and Northern Ireland.

London

City of LondonCanary WharfHarrowWembleySouthallHounslowIlfordEast HamCroydonEdgware

South East

ReadingSloughMilton KeynesOxfordWatfordLutonCrawleyGuildford

Midlands

BirminghamLeicesterCoventryNottinghamWolverhamptonDerbyNorthampton

North of England

ManchesterLeedsBradfordSheffieldLiverpoolNewcastlePreston

East and South West

CambridgePeterboroughBristolSwindonSouthamptonBath

Scotland, Wales, NI

EdinburghGlasgowAberdeenDundeeCardiffSwanseaBelfast

Form 26QB FAQs.

For payments from April 2026, Form 141 replaced Form 26QB. Corrections for earlier payments still use the 26QB process.
30 days from the end of the month in which TDS was deducted.
No, not for buying from a resident seller. Form 141 is filed with your PAN.
Different rules apply, with higher TDS, a TAN and a quarterly return. See TDS on Purchase of Property.

Buying property in India?

We will file Form 141 and send the seller the certificate.

This page is general guidance based on the Income-tax Act, 2025 and the Income-tax Rules, 2026 as they stand, and on the 1961 Act for earlier periods. It is not legal or financial advice for your situation. Forms, rates and due dates can change, so please check with us before filing.