Buying property in India? Answer the questions below and get the one answer the guides won't give you: which form applies to you (Form 26QB or the new Form 141), how much to deduct, the exact due date, and — if you are already late — what the interest and late fee have grown to as of today.
The earlier of the date you paid and the date you credited the seller. This date decides which form you file and when the clock started.
The whole property value — all buyers, all sellers put together. Not just your share, and not one instalment.
Circle rate / guideline value. TDS is charged on the higher of this and the consideration.
This changes everything — a different section, a much higher rate and no ₹50 lakh threshold.
You deduct on the amount you pay. The ₹50 lakh test, however, uses the whole property value.
Decides whether you need a TAN from 1 October 2026.
No PAN means a much higher rate.
Rural agricultural land is outside this TDS provision entirely.
For this form the payment and the statement are one filing, so this is both dates.
Only for a construction-linked or staged purchase. Fill this and the tax is worked out on this payment. The ₹50 lakh test still runs on the total property value above, which is where it belongs.
Appears on the answer card and the printed sheet. Never saved anywhere.
Recorded on the sheet for your file. It does not decide the form.
Defaults to today. Interest and late fee are shown as at this date.
A ₹75 lakh flat, two buyers, paid five months ago and never filed. Replace it with your figures. Start fresh
This wizard computes the statutory position from the facts you entered. It cannot read your sale deed, confirm the seller's residential status, or handle a correction on the portal — those need a professional to look at the actual documents.
Interest for deducting late runs at 1% a month, or part of a month, from the date the tax was deductible to the date it was actually deducted. Interest for paying late runs at 1.5% a month, or part of a month, from deduction to deposit. Both are s. 398 of the Income-tax Act, 2025 (s. 201(1A) of the 1961 Act).
The late-filing fee is ₹200 a day from the due date, and it stops at the amount of the tax itself — s. 427 of the Income-tax Act, 2025 (s. 234E of the 1961 Act). The due date is 30 days from the end of the month in which the tax was deductible.
Every one of those figures is shown line by line, with its own basis, in How the number was built on the answer card.
Regime test used: the earlier of the date of payment and the date of credit, compared with 1 April 2026.
Disclaimer. This tool encodes the author's reading of section 194-IA of the Income-tax Act, 1961 (for transactions up to 31 March 2026) and section 393 of the Income-tax Act, 2025 read with the Form 141 / Form 132 framework (from 1 April 2026), as published to date. The Income-tax Act, 2025 is newly operative and its forms, utilities and procedures are still being rolled out; items whose numbering or procedure is not yet settled are shown with a verify flag rather than presented as certain. Statutory rules, rates, thresholds and due dates change — always verify against the latest CBDT notification and the current e-filing portal utility before you pay or file. Interest and fee figures here are an estimate on the assumptions stated on the sheet; the department's own computation on TRACES is what you will actually be charged, and it may differ. Surcharge, cess, DTAA relief, lower-deduction certificates and instalment-wise deduction are not applied. This is a computational aid, not tax advice, and does not create a professional relationship. Tool maintained by a practising Chartered Accountant; review the output with your CA before you file.