Form 26QB: A Step-By-Step Guide | KMG CO LLP - Ahmedabad

Wednesday, 23 April, 2025
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City: Ahmedabad, Gujarat
Offer type: Offer

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Contact name KMG CO LLP

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Form 26QB is a mandatory challan-cum-statement used for paying TDS (Tax Deducted at Source) on the sale of immovable property in India. When a property valued over ₹50 lakhs is sold, the buyer must deduct 1% TDS from the sale amount and deposit it with the government using Form 26QB. This step-by-step guide walks you through the process of filling out and submitting the form online via the TIN or TRACES portal, ensuring compliance with tax regulations and helping avoid penalties.

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