What is Form 26QB?
Form 26QB is the challan-cum-statement a property buyer used to pay and report TDS on the purchase. For payments from 1 April 2026 it is replaced by Form No. 141 under the Income-tax Rules 2026.
Also called 26QB, Form No. 141, challan-cum-statement.
The buyer files the form, not the builder. It carries the buyer’s and the seller’s PAN, the property, the amount paid, the date and the tax deducted, and the tax is paid with it.
| Item | Before 1 April 2026 | From 1 April 2026 |
|---|---|---|
| Pay and report TDS | Form 26QB | Form No. 141 |
| Certificate to the seller | Form 16B | Form No. 132 |
| Where the seller sees credit | Annual information statement (AIS) | Annual information statement, Form No. 168 |
Form No. 141 replaces Forms 26QB, 26QC, 26QD and 26QE and is filed from the buyer’s PAN login, according to the e-filing portal’s Form 141 manual. It is due within 30 days from the end of the month of deduction (rule 218 and rule 219), and Form No. 132 within 15 days of that date (rule 215). Where the credit or payment fell on or before 31 March 2026, Form 26QB still applies, according to the e-filing portal’s TDS compliance FAQs. Read on 9 Nov 2026.
If the buyer types a wrong PAN or amount, only the buyer can correct it, by filing a correction statement within two years from the end of the tax year in which the statement was due (s.397(3)(f)). A builder should check its credits every month and ask buyers for corrections early.