TDS on property transactions: mandatory Form 26QB captures payer/payee details, instalment rules, and tax deposit process. Form No.26QB operates as the challan cum statement for TDS on transfer of immovable property under section 194-IA, capturing payer and payee identification, property and agreement details, total consideration, payment instalment status, dates, mode of payment, rate and amount of tax deducted, and TIN acknowledgement. TDS computation treats non final instalments differently from the last instalment or lump sum-adjusting for earlier TDS and applying the higher of cumulative paid/credited amount or stamp duty value-and records instances where higher deduction rates apply and supports simultaneous or subsequent e tax payment.