Form 145 / 146 for Property Remittance

Income-tax Act, 2025, Section 393(1) — Forms 145/146 (Property Remittance TDS):
The Income-tax Act, 2025's unified TDS-on-property framework under Section 393(1) (Form 141, Schedule B, replacing the erstwhile Form 26QB under Section 194-IA of the Income-tax Act, 1961) governs resident-seller property-purchase TDS, effective 1 April 2026. Forms 145 and 146 relate to the remittance/certificate-issuance leg that follows a property-TDS deduction and deposit under this framework, paralleling how Form 132 (resident) and Form 131 (non-resident, under the separate Form 144 pathway) serve as the TDS certificates issued to the deductee.
Given the closely related, newly-introduced nature of this form set under the Income-tax Act, 2025, the exact procedural distinction between Forms 145 and 146 has not been independently verified against a first-party source this round — this regulatory basis should be read as confirming only the overarching Section 393(1) framework and its effective date, and the specific Form 145/146 usage should be confirmed against the income-tax department's official form instructions before being asserted as settled fact in client-facing content.

When sale proceeds are remitted outside India, banks may require Form 145 and, where applicable, Form 146 certification under the Income-tax Rules, 2026 framework. We review tax deduction, source documents, remittance purpose and prepare the certification pack for bank processing.