TDS on Property Purchase - Query on Total Sale Consideration Value

This query is : Open

Nitin Jain (Querist)
Follow

12 February 2025 Dear Sir
Our case is 2 buyers and 2 Sellers (both sides husband and wife with 50:50 share). Property value is 1.85 cr as per agreement.
While filling form 26QB, please confirm:-

1. Each Buyer will fill 2 forms 26QB in name of each seller...is it correct ?

2. If point no. 1 is correct, then while filling 2 forms 26QB by each buyer - what value should be mentioned in Total Sale Consideration column...is it 46.25 lac in each form considering total 4 forms to be filled (each buyer filling 2 forms in name of each seller) ? Or in all 4 forms, the Total Sale Consideration value needs to be filled as 1.85 cr ?