TDS on Property Purchase - Query on Total Sale Consideration Value

This query is : Resolved 

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 ?

18 February 2025 1. Yes, correct.
2. For each form the said value will be 46.25L



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

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries