Form 26QB was replaced by Form 141 with effect from 1 April 2026.
Replaced by
the unified challan-cum-statement for TDS under section 393(1), covering transfer of property, rent, payments to contractors and professionals, and virtual digital assets
Effective from
1 April 2026
Form 26QB applies to earlier periods
Form 141 replaced Form 26QB and also absorbed Forms 26QC, 26QD and 26QE into one form with separate schedules. The Income Tax Department publishes it as "Form No. 141 (Earlier Form Nos. 26QB/QC/QD/QE)". A property transaction up to 31 March 2026 was reported on Form 26QB and stays on that form, including for a correction filed later. Two separate dates are in play: 1 April 2025 brought Finance Act 2025 threshold changes under the old 1961 Act, while 1 April 2026 brought the Income-tax Act, 2025 and this form change.
Form 26QB, TDS on Property Purchase
Combined challan-cum-statement for TDS deducted on the purchase of immovable property under Section 194-IA.
Who files it
The buyer of immovable property, when the consideration is above the threshold for Section 194-IA.
Frequency
Event-based
Due date
Within 30 days from the end of the month in which TDS was deducted
Filed with
TIN NSDL / Income Tax e-filing portal
Unlike most TDS provisions, Section 194-IA did not require the buyer to hold a TAN. Form 26QB combined the deduction statement and the tax payment into a single filing, which is what made it usable by an individual buyer who is not otherwise registered as a TDS deductor. Form 141 carries that design forward.
Once the challan-cum-statement is filed and the tax deposited, the buyer generates the TDS certificate from the TRACES portal and issues it to the seller as proof of TDS deducted on the transaction. For a transaction on or after 1 April 2026 that certificate is Form 132, which replaced Form 16B and also absorbed Forms 16C, 16D and 16E. For a transaction up to 31 March 2026 it remains Form 16B.
Disclaimer
This is a quick-reference summary, not a filing walkthrough. Due dates shown are the statutory defaults and can be extended in practice; applicability depends on your specific registration, turnover, and entity type. For general informational purposes only, not professional tax or legal advice.