Regarding Form 26QB (TDS 1%)

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(Querist)
27 February 2025 Respected Colleagues
If a person wants to buy a flat (residential property) and required TDS deposit @1%, now following details below:
Registry Value - 60,00,000/-
Stamp duty value - 1,11,50,000/- (Above 110%)
Lump Sum deal
Now my question is, what should i mention in form 26QB
Total value of the property?
Amount paid to seller/credited?
Total Stamp duty Value of property?
and on what amount should TDS deducted?

Please guide
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
27 February 2025 you need to disclose both the values. TDS should be deducted on stamp duty value.

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