Easy Office
Easy Office

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



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

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


14 August 2024 1. While making LUMPSUM payment mode, date on which first advance cheque given.
2. 57.5 L for each purchaser.

14 August 2024 Thank you sir , its really helpful appreciate your kind reply

14 August 2024 You are welcome.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries