Property TDS Calculator (1% on ₹50 lakh and above)

Who must deduct. A buyer paying a resident seller for immovable property other than rural agricultural land must deduct TDS when the consideration, or the stamp duty value if that is higher, is ₹50 lakh or more. The rate is 1%, and 20% if the seller has not given a valid PAN. Since 1 October 2024 the ₹50 lakh test applies to the total consideration, even when there are several buyers or sellers and each one's share is smaller. From 1 April 2026 this deduction falls under section 393 of the Income-tax Act, 2025, in place of section 194-IA of the 1961 Act. The challan-cum-statement that replaced Form 26QB is due within 30 days from the end of the month in which you deduct.

Formula. TDS = amount × rate ÷ 100. Payable to seller = amount − TDS. Deduct at each instalment if you pay in stages.

Worked example (illustrative). On a ₹75 lakh resale flat, TDS = ₹75,00,000 × 1% = ₹75,000, and the seller receives ₹74,25,000. If the agreement says ₹48 lakh but the stamp duty value is ₹52 lakh, TDS still applies: 1% of ₹52 lakh = ₹52,000.

Limits. This tool covers resident sellers only. If the seller is an NRI, the buyer must deduct tax on the capital gain at the rates for non-residents (from 1 October 2026 a resident individual or HUF buyer reports it in Form 141, Schedule E, rather than with a TAN). That is often around 13–15% of the price, or less with a lower-deduction certificate. Use the NRI seller guide instead. Also check whether GST or other charges form part of the consideration, and see the TDS guide.