Hi,
I bought a property worth 1 crore and paid the seller 99 lakhs (after deducting 1% TDS of 1 lakh). Now I need to pay the TDS on behalf of seller using his PAN details. The property registration happened on 28th Feb 2026. What is the time deadline to deposit the TDS ? Thanks in advance for your reply.
For your property purchase on February 28, 2026, the TDS must be deposited via Form 26QB by March 30, 2026, and the TDS certificate (Form 16B) must be issued to the seller by April 14, 2026.
Compliance is key in high-value property transactions. Under Section 194-IA, the buyer must deposit the 1% TDS using Form 26QB within 30 days from the end of the month in which the deduction was made. Missing this deadline can trigger a late fee of ₹200 per day. The team at Compliance Doctor can help you navigate these timelines and ensure your Form 16B is issued correctly to avoid any legal friction
The TDS must be deposited within 30days from the end of the month in which deduction was made. TDS certificate must be issued to seller by 14 April, 2026.
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