Wondering what "Form 26QB" means? This short reference explains it in plain terms.

Form 26QB is the challan-cum-statement used by a property buyer to deposit 1% TDS on the purchase of immovable property under Section 194IA.

What is Form 26QB?

Form 26QB is the challan-cum-statement used by a property buyer to deposit 1% TDS on the purchase of immovable property under Section 194IA.

Where it is used

  • Depositing TDS on property purchase
  • Issuing Form 16B to the seller

Why Form 26QB matters

Form 26QB shows up in real filings, forms and transactions, so knowing what it means helps you complete them correctly and avoid errors, rejections or penalties. When in doubt about how Form 26QB applies to you, confirm on the official portal or with a qualified professional before filing.

Frequently asked questions

What is Form 26QB used for?

Depositing TDS on property purchase; Issuing Form 16B to the seller.