Tax the buyer must deduct from the payment to the seller and deposit with the government; for a seller resident in India, only above a set value.
For a seller resident in India it is 1% of the price or the stamp duty value, whichever is higher, when either is ₹50 lakh or more (the rule in 2026). The buyer pays it with Form 141 and gives the seller Form 132, under section 393(1) of the Income-tax Act, 2025, which replaced section 194-IA. If the seller is a non-resident, such as an NRI, tax is deducted at any price and usually at a higher rate, so check the current rule before you pay.