Sirs,
My brother & his wife have bought a property, having agreement value 72Lac (Builder has paid stamp duty on this value); Maintainence and other charges 4Lac.
First Installment was 40Lac (20Lac each). Second installment was 32Lac+4Lac charges (i.e. total 18Lac each).
(1) Form 26QB filed for 1st installment of Brother:
| Total Value of Consideration (Property Value) | 38,00,000.00 |
| Total amount paid/ credited in previous installments, if any (A) | - |
| Amount paid/credited currently (B) | 20,00,000.00 |
| Total stamp duty value of the property (C) | 36,00,000.00 |
(2) Form 26QB filed for final installment of Brother:
| Total Value of Consideration (Property Value) | 38,00,000.00 |
| Total amount paid/ credited in previous installments, if any (A) | 20,00,000.00 |
| Amount paid/credited currently (B) | 18,00,000.00 |
| Total stamp duty value of the property (C) | 36,00,000.00 |
(3) Form 26QB filed for 1st installment of Brother's Wife:
| Total Value of Consideration (Property Value) | 38,00,000.00 |
| Total amount paid/ credited in previous installments, if any (A) | - |
| Amount paid/credited currently (B) | 20,00,000.00 |
| Total stamp duty value of the property (C) | 36,00,000.00 |
(4) Form 26QB filed for 2nd installment of Brother's Wife:
| Total Value of Consideration (Property Value) | 38,00,000.00 |
| Total amount paid/ credited in previous installments, if any (A) | 20,00,000.00 |
| Amount paid/credited currently (B) | 18,00,000.00 |
| Total stamp duty value of the property (C) | 36,00,000.00 |
Please guide if this is correctly filled.
CAclubindia
