Rent above ₹50,000, property purchase TDS, NRI-seller TDS and common Form 26QB mistakes.
Last updated 2026-06-12 · Covers FY 2025-26 and FY 2026-27
Plain-language answers, reviewed for publication.
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Individuals paying high monthly rent may need to deduct TDS even without tax-audit status. The tenant usually deducts in the prescribed month and deposits it with the required challan/form. Missed months should be regularised quickly.
2How do I pay TDS when monthly rent exceeds ₹50,000?
Individuals paying high monthly rent may need to deduct TDS even without tax-audit status. The tenant usually deducts in the prescribed month and deposits it with the required challan/form. Missed months should be regularised quickly.
3What if I forgot rent TDS for several months?
Individuals paying high monthly rent may need to deduct TDS even without tax-audit status. The tenant usually deducts in the prescribed month and deposits it with the required challan/form. Missed months should be regularised quickly.
B · Property purchase TDS
4When does 1% TDS on property purchase apply?
Buyer-side TDS on resident property purchases is commonly handled through Form 26QB. Threshold, multiple buyer/seller combinations, PAN accuracy and timing matter. Mistakes can block seller credit.
5How do I file Form 26QB?
Buyer-side TDS on resident property purchases is commonly handled through Form 26QB. Threshold, multiple buyer/seller combinations, PAN accuracy and timing matter. Mistakes can block seller credit.
6What if there are two buyers or two sellers?
TDS is a buyer/tenant compliance duty in these cases. It is separate from the seller's final tax liability, but mistakes can create interest, late fee and notice exposure.
C · NRI seller
7Why is TDS higher when buying from an NRI?
Buying from an NRI seller is not a 1% TDS case. Section 195 applies and the buyer should consider lower-deduction certificate mechanics before payment.
8Can an NRI seller get lower TDS?
Buying from an NRI seller is not a 1% TDS case. Section 195 applies and the buyer should consider lower-deduction certificate mechanics before payment.
9What if I deducted only 1% from an NRI seller?
Buying from an NRI seller is not a 1% TDS case. Section 195 applies and the buyer should consider lower-deduction certificate mechanics before payment.
D · Corrections and credit
10How do I correct a Form 26QB mistake?
Buyer-side TDS on resident property purchases is commonly handled through Form 26QB. Threshold, multiple buyer/seller combinations, PAN accuracy and timing matter. Mistakes can block seller credit.
11How does the seller claim TDS credit?
TDS errors should be corrected through the relevant challan/form correction route. The seller/landlord gets credit only when PAN, amount, year and form details align with the tax system.
12What notices come for TDS defaults?
TDS errors should be corrected through the relevant challan/form correction route. The seller/landlord gets credit only when PAN, amount, year and form details align with the tax system.
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This guide is general information for understanding the topic, not advice on your specific situation, and not solicitation of work. Tax positions turn on your full facts and on the law in force for the relevant year. Confirm your position with a qualified professional before acting.