TDS on Property Filing Made Simple
Section 194-IA provides that a buyer of immovable property is liable to deduct tax at 1% from the consideration payable to a resident seller and deposit it to the credit of the Central Government.
Key Statutory Points
*Official statutory guidelines require verification from Government Acts, Rules, and Notifications.
Transparent Fees & Process Clarity
Fixed consultation and filing pricing clearly structured upfront for total peace of mind.
Professional Fee Structure
Refund & Policy Terms
Consultation fees are generally treated as non-refundable once the consultation has been delivered because professional review time is blocked for each case. Filing charges may be considered for refund only if filing work has not started and no detailed processing has been undertaken.
Quick Rule-Based Self-Check
Check if your transaction requires 1% TDS deduction under Section 194-IA provisions.
Transaction Parameters
Calculation Summary
Common Errors & Notice Support
Avoid frequent filing mistakes that trigger Income Tax demands or follow-up notices.
Frequent Errors to Avoid
Sample Notice Categories Handled
We assist in reviewing and responding to income tax communications including:
All notice assistance is structured securely and confidentially.
Form 16B Certificate Downloads
TRACES facilitates property buyers to download and issue Form 16B TDS certificates to sellers after filing.
How We Support Buyers
Setup and buyer taxpayer registration assistance on TRACES portal.
Navigating downloads and processing Form 16B certificate requests.
Validating TDS credit details prior to issuing certificates to sellers.
Official Government Links
NRI Property Sellers (Section 195)
Section 194-IA applies specifically to Resident sellers. Transactions involving non-resident sellers (NRI) fall under Section 195 and require separate evaluation.
- Separate status verification prior to filing
- TDS calculation on capital gains vs total sale value
- Lower Tax Deduction Certificate (LDC) advisory
NRI Transaction Consultation
If your seller is an NRI, avoid using standard Section 194-IA 1% forms. Request an evaluation to determine correct withholding rates.
Request NRI Tax ReviewOur Office Presence
Visit our consulting premises or reach out online for structured compliance support.
