TDS on Property Purchase in 2026: 1% Rule, Form 141 and Buying From an NRI
Quick answer: when you buy a flat worth ₹50 lakh or more from a resident seller – including a developer – you must deduct 1% TDS from every payment and deposit it with the Income Tax Department. From 1 April 2026 this is done under section 393(1) of the Income-tax Act, 2025 (the old section […]