28 August 2017
The sale consideration (Rs. 70 Lac) is paid in 2 months as below: 1. July: 4 installments of Rs. 20 Lac, Rs. 15 Lac, Rs. 4 Lac & Rs. 21 Lac (on different dates), 2. August: Last installment of Rs. 10,00,000.
Question: For the month of July, will a single 26QB be sufficient? Or will I need to file 4 separate 26QBs?
28 August 2017
You need to file 1 26QB within 30days from the end of the month in which deduction is made. ie before 30th August in your case file 1 26QB
CAclubindia
