Form 132 Property TDS Certificate Download

Income-tax Act, 2025, Section 393(1) — Form 141 Unified TDS Regime and Form 132 (Property TDS Certificate):
With effect from 1 April 2026, TDS on property-purchase transactions (resident seller) is reported by the buyer using Form 141, Schedule B, under the unified challan-cum-statement framework of Section 393(1) (replacing the erstwhile Form 26QB filed under Section 194-IA of the Income-tax Act, 1961). After the Form 141/Schedule B statement is filed and processed, the corresponding TDS certificate for the resident seller is generated as Form 132, which the buyer must download from the income-tax TDS portal (successor to TRACES) and furnish to the seller as evidence of tax deducted and deposited on their behalf.
This certificate-download service applies to the resident-seller pathway (Form 141/Schedule B); where the seller is a non-resident, the corresponding certificate is instead Form 131, issued under the separate Form 144 non-resident pathway, and is not covered by this service.

After property TDS is reported through Form 141 Schedule B, the buyer must provide the TDS certificate to the seller. We track Form 132 availability, download it from the portal/TRACES workflow, verify payment mapping and prepare a clean handover pack.