26QB correction - TDS on purchase of property.

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File a new 26QB for the addional amount.

If you submit Form 26QB and purchased a property for less than INR 5 lakhs, but subsequently find that there were some additional expenses (like parking or membership costs) that you did not include, you should fill out a new 26QB Form to register the other amount. It is more useful to do this than try and alter the original form you presented. For that purpose and easy filing, you can also take the Gen TDS Software (https://saginfotech.com/GeneTds.aspx) for filing of  26QB, 26QC and 26QD Filing.

Yes, TDS applies on those additional charges:

• Explanation to Sec 194-IA (Finance Act 2022, effective 1 April 2022): "consideration for transfer" includes all charges of the nature of club membership fee, car parking fee, electricity or water facility fees, maintenance fee, advance fee or any other charges incidental to the transfer.

• So deduct 1% on the additional parking and membership amounts, at the time of payment.

• Mechanism: file a fresh Form 26QB for the additional payment, quoting the same property and seller, with "total consideration" updated to the full amount (including these charges) and "amount paid" equal to the additional amount. Don't revise the earlier 26QB for this purpose.

• Interest under Sec 201(1A) (1%/1.5% per month) for any delay, plus Sec 234E fee if the 26QB is late. Generate and give the seller the fresh Form 16B.

• Check whether the total crossed Rs 50 lakh only because of these charges. If so, TDS applies on the entire consideration, including earlier instalments.

If the parking and membership charges are part of the consideration payable to the seller/transferor, deposit the shortfall by filing a correction to the original Form 26QB—not a fresh Form 26QB for only ₹1.50 lakh. Form 26QB reports the transaction, and splitting the additional consideration into a new statement may create a mismatch with the original transaction and TDS certificate.

Submit a correction to the original 26QB to increase the consideration and tax deducted, then pay any additional tax and applicable interest for late deduction/deposit, if due. Once processed, download the corrected Form 16B. The exact correction route and fields available depend on the statement’s status on the TRACES portal; confirm that the charges are indeed consideration to the seller, as payments to a separate service provider may need different treatment.

This correction-and-certificate workflow is important for keeping the property transaction and buyer-seller TDS records aligned. Manual reconciliation and correction work can be difficult; automation reduces repetitive tasks while professional judgment remains in control. At Jir AI, our 2,000+ AI agents and 650+ integrations streamline GST, ITR, TDS, TCS and other compliance workflows, helping reduce manual workload by up to 70%. For a smoother compliance workflow, connect with us on WhatsApp: https://wa.me/message/3HVOZ7HIY4ESC1