The notification amends the Income-tax Rules, 2026 to prescribe TDS compliance for consideration paid or credited on specified immovable property transfers under Section 393(2), including transactions involving resident individuals or Hindu Undivided Families. It introduces corresponding reporting requirements in Forms 132 and 141, including Schedule E for buyer, seller, property, non-resident, tax residency, payment, and TDS particulars, effective 1 October 2026.
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