Calculator  ·  Income Tax  ·  Section 194-IA

TDS on Property SaleSection 194-IA

Dixit Legal  ·  Lucknow High Court  ·  Indicative estimate

When you buy immovable property in India, the law may require you — the buyer — to hold back a slice of the price and deposit it with the tax department on the seller's behalf. This calculator gives an indicative figure for that deduction under Section 194-IA for a purchase from a resident seller.

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The full amount agreed for the property (or stamp-duty value, if higher).

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Section 194-IA, Income-tax Act, 1961. A buyer of immovable property (other than agricultural land) must deduct 1% of the consideration where it is ₹50,00,000 or more, and deposit it using Form 26QB within 30 days from the end of the month of deduction. If the seller has no PAN, the rate is 20% under Section 206AA.

Indicative only — verify with us. This figure is a general estimate on the stated rate. The correct deduction depends on the type of property, the exact consideration and stamp-duty value, the number of buyers and sellers, and the seller's status. Please confirm the position before deducting or depositing.

How this works

Section 194-IA puts the compliance burden on the buyer. Where you buy immovable property (other than agricultural land) from a resident and the consideration is ₹50 lakh or more, you deduct 1% of the whole consideration — not just the portion above ₹50 lakh — and pay it to the government against the seller's PAN.

If the seller is an NRI, this does not apply

Section 194-IA covers only resident sellers. Where the seller is a non-resident, the deduction is governed by Section 195 and is made on the seller's capital gains at the applicable rates (plus surcharge and cess) — which is materially higher than 1% and is computed differently. The ₹50 lakh threshold does not apply. If your seller is an NRI, the amount to be deducted needs proper computation, and often a lower-deduction certificate under Section 197 is worth considering. Please contact us before completing the transaction.

Buying or selling property?

Dixit Legal can review the sale details, confirm the correct TDS, handle the Form 26QB deposit, and advise on the seller's capital-gains position — including the different rules where an NRI is involved.

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This calculator provides general information only, current as of 3 July 2026, and is not legal advice or a solicitation. The figure is indicative, based on the stated statutory rate under Section 194-IA, and does not account for individual facts, the seller's status, multiple parties, or subsequent changes in law. Using it does not create an advocate–client relationship. Please verify any figure with counsel before acting. Prepared with AI assistance and reviewed for publication by Dixit Legal.