What happens if I don't file 26QB or 26QC?

Non-filing attracts penalty of ₹200 per day (minimum ₹10,000) plus interest at 1.5% per month on TDS amount. Property registration may also be refused without 26QB challan.

26QB & 26QC TDS Filing Services | Property TDS from ₹2,000

Understanding 26QB & 26QC Forms

Know when and why you need to file these TDS forms for property transactions and rent payments

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Form 26QB - Property Sale TDS

When Required: When buying immovable property (land, building, house) valued at ₹50 lakhs or more.

TDS Rate:

1% if seller is Resident Indian
20% if seller is NRI
30% if seller doesn't have PAN

Filing Deadline: Within 30 days of property payment/registration

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Form 26QC - Rent TDS

When Required: When paying rent exceeding ₹50,000 per month (₹6 lakhs annually) to an Indian resident.

TDS Rate:

10% on rent payments (for resident)
20% without PAN of landlord

Filing Deadline: Within 30 days of the end of the month in which TDS was deducted

⚠️ Important: Why Timely Filing is Critical

Penalties for Non-Filing:

Late filing fee: ₹200 per day (minimum ₹10,000, maximum equal to TDS amount)
Interest: 1.5% per month on TDS amount from due date till payment
Property registration may be refused without Form 26QB challan
Seller cannot claim TDS credit in their ITR without proper filing

When Do You Need to File 26QB/26QC?

Form 26QB - Property Transaction Scenarios

Property Value	Seller Type	TDS Rate	Action Required
Below ₹50 Lakhs	Any	No TDS	❌ Form 26QB not required
₹50 Lakhs or more	Resident Indian	1%	✅ File Form 26QB
₹50 Lakhs or more	NRI	20%	✅ File Form 26QB
₹50 Lakhs or more	Seller without PAN	30%	✅ File Form 26QB
Note: Agricultural land is exempt from TDS. Capital gains-exempt properties also don't attract TDS.

Form 26QC - Rent Payment Scenarios

Monthly Rent	Annual Rent	TDS Rate	Action Required
Below ₹50,000	Below ₹6 Lakhs	No TDS	❌ Form 26QC not required
₹50,000 or more	₹6 Lakhs or more	10%	✅ File Form 26QC quarterly
₹50,000 or more	₹6 Lakhs or more	20%	✅ If landlord has no PAN
Note: Applicable only for rent paid to resident Indians. For NRI landlords, different TDS provisions apply under Section 195.

💡 Pro Tip:

For Form 26QC, even if rent crosses ₹50,000/month for just one month in a quarter, you must deduct and deposit TDS for that entire quarter. It's advisable to maintain consistent rent above or below this threshold.

Our 26QB & 26QC Filing Services

Complete end-to-end TDS filing support with expert guidance

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TDS Calculation

Accurate TDS amount calculation
Rate determination (1%, 10%, 20%)
Consideration of exemptions
Pan verification of seller/landlord
Value assessment for property
Quarterly rent aggregation

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Challan Payment

Online challan generation
Payment processing support
Challan verification
BSR code confirmation
Payment receipt download
Bank reconciliation

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Form Filing

Complete form preparation
Online portal filing
Document verification
Error-free submission
Acknowledgement download
Same-day processing

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TDS Certificate

Form 16B/16C download
Certificate delivery to seller/landlord
Digital certificate sharing
Duplicate certificate support
Format verification
ITR filing assistance

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Correction & Revision

Error rectification
Revised return filing
PAN correction
Amount modification
Date corrections
Re-filing support

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Ongoing Support

Query resolution
Notice handling
Compliance guidance
Deadline reminders
Record maintenance advice
Year-round assistance

Our Filing Process

Simple 5-step process to complete your TDS filing hassle-free

Share Documents

Send us sale deed/rent agreement, PAN cards, and property/payment details via WhatsApp/Email

TDS Calculation

We calculate exact TDS amount based on property value/rent and applicable rates

Challan Payment

Generate and pay TDS challan online. We guide you through the payment process

Form Filing

We file Form 26QB/26QC on the income tax portal within 24 hours

Certificate Delivery

Download TDS certificate (Form 16B/16C) and share with seller/landlord

⚡ Same Day Service Available!

We understand property transactions are time-sensitive. If you need urgent filing for property registration, we can complete the entire process within 4-6 hours (subject to document availability and challan payment).

TDS Filing Pricing

Affordable, transparent pricing with no hidden charges

Form 26QB

₹2,000

Property Sale TDS

TDS calculation
Challan generation support
Form 26QB filing
Acknowledgement download
Form 16B certificate
Email support

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Form 26QB Urgent

₹3,000

Same Day Filing

Everything in regular package
Same day processing (4-6 hours)
Priority support
Direct CA assistance
Instant challan payment help
WhatsApp updates
Certificate on same day

Book Now

Form 26QC

₹1,500

Per Quarter

Quarterly TDS calculation
Rent aggregation
Challan generation
Form 26QC filing
Form 16C certificate
Quarterly reminders

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Annual 26QC Package

₹5,000

All 4 Quarters

Complete year coverage
All 4 quarterly filings
Automatic reminders
Dedicated support
Correction support included
Annual summary report
Save ₹1,000 vs quarterly

Book Now

💰 Additional Services:

Correction/Revision Filing: ₹1,000 per form
Lower TDS Certificate (Form 13): ₹3,000
Multiple Property 26QB: ₹1,500 per additional property
NRI Property TDS (20% rate): ₹3,500
Notice Handling: ₹2,000 onwards

Penalties for Non-Compliance

Understanding the consequences of missing TDS filing deadlines

Non-Compliance Type	Penalty/Interest	Additional Consequences
Late Filing of Form 26QB/26QC	₹200 per day (Min: ₹10,000, Max: TDS amount)	Property registration may be refused
Late Payment of TDS	Interest @ 1.5% per month	Accumulated from due date till payment
Non-deduction of TDS	Interest @ 1% per month	Disallowance under Section 40(a)(ia)
Short Deduction of TDS	Interest @ 1% per month on short amount	Plus late filing fee if applicable
Non-issuance of TDS Certificate	₹100 per day per certificate	Seller/landlord cannot claim TDS credit

🚨 Real Cost Example:

Scenario: Property worth ₹1 Crore, TDS of ₹1 lakh not deposited/filed for 60 days

Late filing fee: ₹200 × 60 days = ₹12,000
Interest: ₹1,00,000 × 1.5% × 2 months = ₹3,000
Total Penalty: ₹15,000 (15% of TDS amount!)
Plus: Property registration complications and seller's complaint

Don't wait! File on time and save yourself from heavy penalties.

Frequently Asked Questions

What is Form 26QB and when is it required? +

Form 26QB is used to deposit TDS on property sale transactions. It's mandatory when you're buying immovable property (land, building, house, plot) valued at ₹50 lakhs or more. As a buyer, you must deduct TDS at 1% (for resident seller) or 20% (for NRI seller) and file Form 26QB within 30 days of payment or property registration, whichever is earlier. This form must be filed online on the income tax portal after paying the TDS amount via challan.

What is Form 26QC and who needs to file it? +

Form 26QC is for TDS deduction on rent payments. If you're a tenant (individual or business) paying rent exceeding ₹50,000 per month (or ₹6 lakhs annually) to a resident Indian landlord, you must deduct 10% TDS and file Form 26QC. This is applicable for all types of rent - residential, commercial, or land. The form must be filed quarterly within 30 days of the quarter end. It's not applicable if paying rent to NRI landlords (different provisions apply).

How much does 26QB/26QC filing cost? +

Our Form 26QB filing service costs ₹2,000 (regular) or ₹3,000 (same-day urgent service). Form 26QC filing costs ₹1,500 per quarter or ₹5,000 for annual package (all 4 quarters). These fees include complete TDS calculation, challan generation support, online form filing, acknowledgement download, and TDS certificate (Form 16B/16C) generation. We also provide correction/revision support if needed.

What happens if I don't file Form 26QB or 26QC on time? +

Late filing attracts heavy penalties: ₹200 per day late fee (minimum ₹10,000, maximum equal to TDS amount) plus interest at 1.5% per month on the TDS amount from due date. For property transactions, Sub-Registrar offices may refuse registration without Form 26QB challan. The seller/landlord cannot claim TDS credit in their ITR without proper filing, which may lead to disputes. Criminal prosecution is also possible in severe cases of non-compliance.

How long does the filing process take? +

With all documents ready, we can complete the filing within 24 hours (regular service) or 4-6 hours (urgent same-day service). The process involves: TDS calculation (30 mins), challan payment by you (immediate), form preparation and filing by us (2-3 hours), and TDS certificate download (available immediately after successful filing). For urgent property registration cases, we prioritize your filing to ensure you get the challan copy on the same day.

What documents are required for 26QB filing? +

For Form 26QB, you need: 1) Buyer's PAN and Aadhaar, 2) Seller's PAN and Aadhaar, 3) Property details (address, survey number), 4) Sale deed or agreement copy, 5) Sale consideration amount, 6) Property registration details (if done), 7) TDS challan payment proof with BSR code. If seller is NRI, you'll also need their passport copy and foreign address. We provide a detailed checklist based on your specific transaction.

Can I claim TDS refund if excess TDS was deducted? +

Yes, the seller/landlord can claim TDS refund while filing their income tax return. The TDS deducted appears in their Form 26AS and can be claimed as tax credit. If their total tax liability is less than TDS deducted, they'll get the excess refund after ITR processing. For property sales, if the seller's capital gains tax is lower than 1% TDS deducted, they can claim the balance. We assist in downloading Form 16B/16C which the seller needs to attach with their ITR.

Is 26QB required for property below ₹50 lakhs? +

No, Form 26QB is not required if the property value is below ₹50 lakhs. However, this threshold applies to the total sale consideration, not the stamp duty value. If you're buying multiple properties from the same seller in the same financial year and the total exceeds ₹50 lakhs, TDS is applicable on the combined value. Agricultural land is exempt from TDS regardless of value. For properties eligible for capital gains exemption, you may apply for lower/nil TDS certificate from the Income Tax department.

Do I need to file 26QC if rent is paid in cash? +

Yes, Form 26QC filing is mandatory regardless of payment mode (cash, cheque, or online transfer) if rent exceeds ₹50,000 per month. You must deduct 10% TDS before making the rent payment and deposit it with the government. However, paying rent in cash above ₹10,000 in a day or ₹1 lakh in a year is not allowed under Income Tax rules and can attract penalties. It's always advisable to pay rent via bank transfer for proper record-keeping and TDS compliance.

Can I correct mistakes in already filed 26QB/26QC? +

Yes, you can file a correction statement to rectify errors in Form 26QB or 26QC. Common corrections include: wrong PAN of buyer/seller/landlord, incorrect property address, TDS amount errors, or wrong payment dates. Corrections must be filed through the income tax portal with the original acknowledgement number. We charge ₹1,000 for correction/revision filing service. It's important to correct errors quickly as wrong PAN or amount can prevent the seller/landlord from claiming TDS credit, leading to disputes and potential legal issues.

Sidhi & Associates