26QB information for 2 buyers and 1 seller on resale property
This query is : Resolved
14 August 2024
Total value of the resale property is 1.15 crore
2 buyer
1 seller
Please clarify the below points only for 1 buyer :-
1.Date of Agreement/Booking - Would it be sale agreement signed date from both the properties OR registration date OR the stamp duty certificate issue date
2.Total Value of Consideration (Property Value) - 1.15 cr or 57.5 lakh
3.Date of Payment/ Credit made to Seller - Date on which paying 0.5% TDS
4.Amount paid/credited currently (B) - Would it be 57.5 lakh or 57.5 thousand(0.5% TDS for 1 buyer) or 1.15 cr
5.Total stamp duty value of the property (C) - Would it be 57.5 lakh or 57.5 thousand(0.5% TDS for 1 buyer) or 1.15 cr
kindly help with it
2 buyer
1 seller
Please clarify the below points only for 1 buyer :-
1.Date of Agreement/Booking - Would it be sale agreement signed date from both the properties OR registration date OR the stamp duty certificate issue date
2.Total Value of Consideration (Property Value) - 1.15 cr or 57.5 lakh
3.Date of Payment/ Credit made to Seller - Date on which paying 0.5% TDS
4.Amount paid/credited currently (B) - Would it be 57.5 lakh or 57.5 thousand(0.5% TDS for 1 buyer) or 1.15 cr
5.Total stamp duty value of the property (C) - Would it be 57.5 lakh or 57.5 thousand(0.5% TDS for 1 buyer) or 1.15 cr
kindly help with it
14 August 2024
1. Sale agreement signed date.
2. 57.5 Lakhs.
3. Date on which cheque drawn for Rs. 57.5 lakhs,
4. 57.5 lakhs.
53. Should be Valuation of the property evaluated by Sub-Registrar, i.e. as per stamp duty paid
2. 57.5 Lakhs.
3. Date on which cheque drawn for Rs. 57.5 lakhs,
4. 57.5 lakhs.
53. Should be Valuation of the property evaluated by Sub-Registrar, i.e. as per stamp duty paid
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14 August 2024
3.Date of Payment/ Credit made to Seller - Date on which paying 0.5% TDS - Date on which cheque drawn for Rs. 57.5 lakhs - I am taking loan of lets say 75 lakh (buyer 1 and buyer 2) and reg date is 13th sept 2024, what would be date ,
Would it be date on which 26QB is filled and submitted or regn date?
2.Total stamp duty value of the property (C) - would it be 57.5 lakh or 1 .15 crore actually on sale agreement we are saying the property cost is 1.15 crore , so would it be 57.5 lakh or 1 .15 crore
Would it be date on which 26QB is filled and submitted or regn date?
2.Total stamp duty value of the property (C) - would it be 57.5 lakh or 1 .15 crore actually on sale agreement we are saying the property cost is 1.15 crore , so would it be 57.5 lakh or 1 .15 crore
14 August 2024
1. While making LUMPSUM payment mode, date on which first advance cheque given.
2. 57.5 L for each purchaser.
2. 57.5 L for each purchaser.
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14 August 2024
Thank you sir , its really helpful appreciate your kind reply
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14 August 2024
26 August 2024
You are welcome.
02 September 2024
Property value is 1.15 cr
Total Value of Consideration (Property Value) should be 1.15 cr or 57.5 lakh for each buyer while filing TDS in income tax portal
Please confirm again , very much confused
Total Value of Consideration (Property Value) should be 1.15 cr or 57.5 lakh for each buyer while filing TDS in income tax portal
Please confirm again , very much confused
02 September 2024
57.5 lakhs.
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