Selling or buying a property above ₹50 lakh in Delhi triggers mandatory Income Tax compliance.
This is where most buyers and sellers make costly mistakes — especially around TDS, capital gains tax, Form 26QB, and exemptions.

If you are planning a high-value property transaction, consulting a Chartered Accountant before registration is not optional — it’s essential.

CA Shiwali provides end-to-end tax compliance and advisory for property sales above ₹50 lakh across South Delhi, Nehru Place, Saket, GK, Malviya Nagar, Defence Colony, and nearby areas.

Why Property Sale Above ₹50 Lakh Needs a CA

Under Section 194-IA of the Income Tax Act, when the sale value exceeds ₹50 lakh, the buyer must deduct 1% TDS before paying the seller.

Common mistakes people make:

• Wrong calculation of 1% TDS

• Late filing of Form 26QB

• Penalty for delayed Form 16B

• No planning for capital gains tax

• NRI sellers facing excess TDS deduction

• PAN mismatch leading to notices

A Chartered Accountant ensures the transaction is legally clean, penalty-free, and tax-efficient.

Services Offered for Property Sale Above ₹50 Lakh

✅ TDS on Property Sale (Buyer Compliance)

• Calculation of 1% TDS

• Filing of Form 26QB

• Generation of Form 16B

• Correction of PAN / challan errors

• Late filing penalty resolution

✅ Capital Gains Tax Planning (Seller Side)

• Short-term vs long-term capital gains analysis

• Indexation benefit calculation

• Tax saving using Section 54 / 54F / 54EC

• Computation sheet for documentation

• Advisory before sale, not after

✅ NRI Property Sale Support

• Higher TDS compliance

• Capital gains calculation for NRIs

• Repatriation guidance

• Coordination with buyer & bank

Capital Gains Tax on Property Sale – Explained Simply

👉 Proper indexation + exemption planning can reduce tax by lakhs.

Capital Gains Tax on Property in Delhi – 2026 Guide

Example: Property Sale Above ₹50 Lakh

Sale Value: ₹85,00,000
Buyer TDS @ 1%: ₹85,000
Form 26QB: Mandatory
Form 16B: Issued to seller

If Form 26QB is filed late, penalties apply per day.
A CA ensures this is completed within 30 days correctly.

Why Choose CA Shiwali for Property Sale Tax Matters

✔ Specialist in property taxation
✔ Experience with high-value transactions
✔ Local expertise in South Delhi & Nehru Place
✔ Clear documentation & compliance handling
✔ Guidance before registration, not after mistakes

📞 Call: 9266032777
Speak directly with a Chartered Accountant.

Areas Served

• Nehru Place

• South Delhi

• Saket

• Greater Kailash (GK-I, GK-II)

• Malviya Nagar

• Defence Colony

• Sainik Farms

• Deoli / Khanpur

Frequently Asked Questions (FAQs)

Q1. Is TDS mandatory if property value is exactly ₹50 lakh?

Yes. ₹50 lakh or more triggers TDS under Section 194-IA.

Q2. Who deducts TDS – buyer or seller?

The buyer must deduct and deposit TDS with the Income Tax Department.

Q3. What happens if Form 26QB is not filed on time?

Late fees and interest apply. Continuous delay can attract income tax notices.

Q4. Can capital gains tax be saved on property sale?

Yes. Through indexation and Sections 54 / 54F / 54EC, tax can be reduced legally.

Q5. Do NRIs have different rules for property sale?

Yes. NRIs face higher TDS and additional compliance. CA assistance is strongly recommended.

Speak to a CA Before You Sell

If your property transaction value is above ₹50 lakh, do not rely on brokers or verbal advice.

📞 Call CA Shiwali: 9266032777
📍 Serving Nehru Place & South Delhi
📅 Monday to Saturday | 8 AM – 7 PM