The document outlines a step-by-step process for making TDS payments related to the sale of property under the Income Tax Act, 1961. It includes instructions on logging into the income tax website, filling out necessary forms, and submitting payment details. Additionally, it provides guidance for addressing queries to the CRM team.

1. New Payment Process
194-IA TDS on Sale of Property
Income Tax Act, 1961
www.prestigeconstructions.com

2. Log into the website
www.incometax.gov.in

3. Click on Login

4. Enter your PAN

5. Tick on this to
confirm
Enter password
Click continue

6. Home page is displayed

7. Click on e-file
The following drop down option
shall appear

8. Select e-pay taxes

9. Select New Payment

10. Scroll down to 26QB challan
Click proceed

11. The following screen shall appear

12. Select ‘Resident’
Enter your ‘PAN’
Auto fill columns. Kindly verify the content

13. Auto fill Columns.
Kindly verify the
content

14. Select ‘Yes’ in case of co-owners
else ‘No’
Click continue

15. Enter ‘PAN’ of the ‘Seller Re-Enter ‘PAN’ of the ‘Seller
Auto fill columns. Kindly verify the content

16. Provide complete
address of the
‘Seller with
‘mobile number’
and ‘e-mail ID’

17. Select ‘No’
Click continue

18. Select appropriate option
Provide complete
address of the
‘property’ with
correct PIN code

19. Provide ‘Agreement’ date.
If agreement is not yet executed, kindly
provide date of signing ‘Booking Form’
Enter Sale Consideration.
It includes consideration agreed
including for additions but,
excludes Franking Charges, Sinking
Fund and GST
Enter
‘Date’ on
receipt
issued by
‘Prestige’.
Date of deduction = Date of payment/ credit
mentioned in earlier column
Kindly refer next slide
for possible
combination of details
to be entered

20. Sl. No. Total value
of
considerati
on
Payment
Type
Whether
it is last
instalme
nt
Whether
stamp
duty is
higher
than sale
considera
tion
Total amount
paid/ credited
in previous
installments,
if any
Amount
paid/
credited
currently
Total
Stamp
duty value
of the
property
Incidence 1 2,50,00,000 Instalment Yes No 2,30,00,000 20,00,000 2,50,00,000
Incidence 2
2,50,00,000 Instalment No - 1,50,00,000 20,00,000 -
Incidence 3 2,50,00,000 Lump sum - No - 2,50,00,000 2,50,00,000

21. Auto fill columns.
Kindly verify the
content

22. Click continue

23. Various options to make
TDS payment

28. Click continue
Select
your
banker

29. Verify the content once

30. Click ‘pay now’

31. Click submit
and it will root
through your
banker
website

32. In case of any queries/questions, please write to/ call your
CRM team member
(working hours 9:30 am to 6 pm)
(our office is closed on every 2nd and 4th Saturday)
www.prestigeconstructions.com
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