Buying a flat or plot in Noida or Greater Noida comes with two costs that most buyers hear about only at the registry: stamp duty and TDS on the purchase price. Stamp duty is paid to the state. TDS is the buyer's responsibility under the Income-tax Act, and it is the one that causes problems later, because the seller can't see the tax credit and the notice goes to the buyer.
1% TDS: the buyer has to deduct it
- When it applies: when the property costs ₹50 lakh or more. Most new flats in Noida cross this. Agricultural land is excluded.
- Rate: 1% of the price, or of the circle-rate value if that is higher. If the seller doesn't give a valid PAN, the rate goes up to 20%.
- How it is paid: from 1 April 2026, through Form 141, which replaced Form 26QB under the Income-tax Act, 2025. You use your own PAN. You don't need a TAN.
- When: within 30 days from the end of the month in which you deduct it. With an under-construction flat, TDS applies to every instalment you pay the builder, not just the last one.
- Certificate: after filing, download the TDS certificate from TRACES and give it to the seller.
If the seller is an NRI, the 1% rule doesn't apply. TDS is deducted at much higher rates on the capital gain, under different provisions. Get this checked before you pay the token amount. A wrong deduction here makes the buyer liable for the shortfall.
Stamp duty and registration in Noida
| Registered in the name of | Stamp duty | Registration fee |
|---|---|---|
| Man | 7% | 1% |
| Woman | 6%, with the concession capped | 1% |
| Man and woman jointly | About 6.5% | 1% |
Stamp duty is charged on the agreement value or the circle rate, whichever is higher. The 1% concession for women is capped, and the cap has been revised recently. Confirm the current limit with the sub-registrar before you budget for it.
On a ₹90 lakh flat bought by one person, that is roughly ₹6.3 lakh of stamp duty, plus ₹90,000 registration fee, plus ₹90,000 of TDS deducted from what you pay the seller. The TDS isn't an extra cost, but it has to go to the government, not the seller.
Mistakes we see buyers make
- Paying the full amount to the builder or seller and forgetting the TDS. The department later demands the 1% with interest, plus a late fee.
- One Form 141 filed for joint buyers or joint sellers when the split was wrong. Each buyer's share and each seller's share must be shown correctly.
- Wrong PAN or wrong amount. The seller's credit doesn't appear, and they come back to you months later.
- Missing instalments on an under-construction property, especially payments made directly by the bank from a home loan.
If you are selling
Your capital gain is taxed in the year of sale. For property held more than 24 months, the long-term rate is 12.5% without indexation. If you are a resident individual and bought before 23 July 2024, you can still choose 20% with indexation if that works out lower. Reinvesting in another house, or in specified bonds, can reduce or remove the tax. Check that the buyer's TDS shows in your annual tax statement before you file your return.
How Vitt-Marg helps
For buyers, we work out the TDS on each payment, file Form 141 and get the certificate to the seller. For sellers, we compute the capital gain, compare both tax options and plan the reinvestment. We are in Sector 63, Noida, and work with buyers and sellers across Noida, Greater Noida and the Yamuna Expressway. For your own return, see our ITR filing page.
General information, current as of October 2026, not advice for a specific case. GST and income-tax rules change often — check with us before acting on it.