TDS on immovable property transfers requires purchasers to withhold tax at source and report electronically. A transferee paying consideration to a resident transferor for immovable property (other than agricultural land) must deduct tax at source on the higher of the amount paid or credited and the stamp duty value, at the prescribed rate, at the time of credit or payment. Consideration from multiple transferees or transferors is aggregated. The purchaser must file the electronic challan-cum-statement in the prescribed form within the statutory period and issue the payee a TDS certificate in the prescribed form within the specified timeframe.