28 January 2025
Suppose I am purchasing a property which is owned by 2 seller (50% share) and me and my wife are purchasing it (50% share). I understand we have to fill 4 form 26QB. My question is suppose value of property is 1 cr and I pay lump sum amount then what should I fill in these values:
1. Total Value of Consideration (Property Value): There is much confusion about this on internet. In my case would it be 25 lakhs or 1 cr?
2. Amount paid/credited currently (B): Pretty sure it would be 25 lakhs. Let me know if this is not the case.
3. Total stamp duty value of the property (C): Again not sure.