How to Pay TDS on sale of property Using Challan 26QB & Download Form 16B (Complete Step-by-Step Guide )
Step-by-Step Process to Pay TDS Through Challan 26QB
How to File TDS on sale of property, Form 26QB guide, download Form 16B, TDS on sale of property above 50 lakh, TRACES Form 16B steps, property TDS online payment
When you buy a property worth more than ₹50 lakh, the buyer must deduct 1% TDS under Section 194IA.
This TDS on sale of property must be paid using Challan 26QB, and the seller must receive Form 16B, which acts as proof of deduction.
To make the process easy, here is the complete step-by-step guide to paying TDS online and downloading Form 16B.
If you need help while doing this, contact us anytime at +91 92054 56766 | +91 83840 58321.
Step 1: Log In to the Income Tax Portal
- Visit the Income Tax e-filing portal
- Log in using your PAN
- Go to e-File → e-Pay Tax
Step 2: Click on ‘+ New Payment’
Step 3: Select ‘26QB – TDS on Property’
Click Proceed under the tab 26QB – TDS on Property.
In the next steps, you will fill in:
- Buyer’s Details
- Seller’s Details
- Property Details
- Payment Details
Step 4: Add Buyer’s Details
Your personal details (PAN, name, address, email) will be auto-filled.
Review or update them if necessary → Click Continue
Step 5: Add Seller’s Details
Enter the seller’s:
- PAN
- Address
- Contact details
Step 6: Add Property Details
Enter:
- Property type
- Property address
- Date of agreement
- Sale consideration amount
The portal will auto-calculate TDS (1%).
Click Continue.
Step 7: Add Payment Details
Select your preferred payment mode:
- Net Banking
- Debit Card
- NEFT/RTGS
- Bank Counter
After payment, a Challan 26QB will be generated—download and save it.
Step 8: Register on TRACES
If you are a first-time user, you must register as a Taxpayer on TRACES using:
- Your PAN
- Challan payment details from Form 26QB
After registration, you can download Form 16B (TDS Certificate) for the seller.
Check Form 26AS
After 7 days, check your Form 26AS:
Go to Part F → it will show:
- TDS Certificate Number
- Seller’s Name and PAN
- Transaction Date and Amount
- Acknowledgement Number (from Form 26QB)
- Date of Deposit
- Amount of TDS Deposited
Step 9: Download Form 16B from TRACES
Once the payment appears in Form 26AS:
Steps to download Form 16B
- Log in to TRACES
- Go to Downloads → Form 16B (For Buyer)
- Enter:
- Seller’s PAN
- Acknowledgement Number (from Form 26QB)
- Click Proceed
- Verify details → Click Submit Request
A few hours later:
- Go to Downloads → Requested Downloads
- Status will show Available (if it says Submitted, wait a little longer)
- Download the .zip file
ZIP File Password
The password is the buyer’s date of birth in DDMMYYYY format.
Inside the ZIP file, you’ll find Form 16B in PDF format.
Print it and share it with the seller.
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Need Help Filing TDS or Downloading Form 16B?
If you want more help or info, contact Respace Infra — we will help you in filling it.
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