Form 27QB TDS on sale of property

About This Plan

The plan covers, Payment on transfer of certain immovable property other than agricultural land. The buyer of the property has to deduct TDS @ 1% of the total sales consideration if the sales consideration is more than 50.00 lakhs.

Service covered under this plan:
  • Filing form 27QB.
  • Challan verification.
  • Generate Form 16B.
Who Should Buy:
Every buyer of the property, wherever a property purchase of more than Rs.50.00 Lakhs takes place other than agricultural land.

How it is executed

  • Purchase plan
  • Filing of return 26QB
  • Payment of TDS
  • Generate of Form 16B

Information Guide

Documents To Be Submitted: Following documents is required to Filing form 27QB
  • PAN Number of Buyer.
  • PAN Number of Seller.
  • Purchase documents of property.
  • Challan details

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