TDS Section 194IA — Sale of immovable property (other than agricultural land)
FY 2025-26 · Rate 1%
What does this section cover?
TDS on consideration paid for transfer of immovable property worth ₹50 lakh or more.
Why this section: Buyer of immovable property ≥ ₹50L must deduct 1% TDS on consideration and deposit via Form 26QB within 30 days.
Key facts
- Threshold
- ₹50,00,000 (sale consideration or stamp value, whichever higher)
- Applicable for
- FY 2025-26
- Who deducts
- Buyer (any person)
- Paid to
- Resident seller
- Statutory source
- Section 194IA, Income Tax Act
Common terms accountants use
If your description mentions any of these, Section 194IA is likely the right answer. The matcher in this tool is a keyword scorer — not an AI classifier — so cross-check borderline cases against the official CBDT TDS rate chart.
Related TDS sections
Other sections in the same series or adjacent. Useful when narrowing down between similar payment categories.
Need a different section?
Describe the payment in plain English — “rent of plant”, “senior citizen interest”, “NRI dividend” — and the matcher will surface the right section.
Search TDS sections →Source: curated from the CBDT TDS rate chart. Dataset snapshot: 2025-04-01. Rates can change between Finance Acts and notifications — verify before deducting.