Date of credit in Form 26QB

To determine the date of credit for TDS deduction, follow these steps:

Date of Payment and Date of Deduction -

*Date of Payment*: February 1, 2025 (as mentioned) - *Date of Deduction*: Since the TDS amount of ₹2,00,000 is yet to be paid, the date of deduction will be the date when the TDS is actually deducted or credited to the government, whichever is earlier. Date of Credit To determine the date of credit, consider the following: -

 *Bank Transfer*: If you're paying the TDS through a bank transfer, the date of credit will be the date when the amount is debited from your account or the date when the bank transfer is initiated, whichever is earlier. -

*Online Payment*: If you're paying the TDS online, the date of credit will be the date when the online payment is made.

Filing 26QB When filing Form 26QB, you'll need to provide the following dates: -

 *Date of Payment: February 1, 2025 -

Date of Deduction*: The actual date when the TDS is deducted or credited to the government, whichever is earlier

Ensure you keep a record of the TDS payment, including the date of payment, date of deduction, and the challan number, as these details will be required for filing Form 26QB and other tax compliance purposes.

just a correction, date of deduction will be the date on which you made the net of TDS payment for purchase of the property. The date of payment of TDS will be the date on which the TDS was actually deposited to the government. 

I purchased a property for rs 1.47 cr.

paid the seller on 15 July 2026, an amount of 1.47 cr less 1% (147000). Registered the sale deed on 16 July 2026. 
while filling the tds and attempting to pay the same on 10august, the form is not even giving the option of entering an August date for date of deduction. Nor is it accepting a date for 15 or 16 July. I get a prompt stating Error: date of deduction should not be prior to date of payment/credit.

how do I proceed. Would like to pay my tds at the earliest.

also for sellers PAN it gives a prompt stating Error: duplicate PAN 

Form 26QB date fields trip up a lot of people because TRACES uses three different date concepts.

Here is how to fill them:

Date of Payment / Credit to Seller: Enter the date when you actually paid the seller (or credited the amount to their account). For a property purchase, this is the date of the bank transfer or cheque encashment.

Date of Deduction: This MUST be the same as or earlier than the payment date. It is the date you deducted TDS from the payment. In practice, for property purchases, this is the same as the date of payment because TDS is deducted at the time of payment.

For the validation error: TRACES rejects the form if the Date of Deduction is AFTER the Date of Payment. This is the most common error. Make sure both dates match, or that the deduction date is earlier.

For payments made in installments: Each installment gets its own Form 26QB. The date of each form corresponds to that specific payment date.

Note: If TDS was supposed to be deducted earlier but was not, you will face late deduction interest at 1% per month from the original payment date, which you pay via Challan 26QB itself.

This [Form 26QB and Section 194-IA guide](https://taxgarden.in/blog/tds-on-property-purchase-section-194-ia-form-26qb-india) covers the date fields, common validation errors, and the late payment interest calculation in detail.