Challan-cum-Statement (TDS)

What is it? A combined form used to deposit tax and file details for specific high-value transactions made in May 2026. Who needs to file? Form 26QB (Section 194-IA): Property buyers . Form 26QC (Section 194-IB): Tenants paying monthly rent of Rs 50,000. Form 26QD (Section 194M): Individuals paying contractors /professionals  Rs.50 Lakhs a year. Form 26QE (Section 194S): Anyone buying Crypto / NFTs. The Penalty: Missing this 30-day window from the end of the transaction month costs a late fee of Rs 200 per day, plus 1.5% interest per month on the delayed of tax amount.