The circle rate is 8000000 and the consideration is 7300000 and the agreement also state the same.
Please tell me that in the form 26qb there is a column of total value of consideration, what will come in that and also tds to be diducted on which amount
1. As a precaution, the agreement value should not be less than 95% of circle rate. Because the capital gains would be calculated over circle rate (for saller), while purchaser will have to pay tax over the difference amount.
2. In Form 26QB, the sale consideration will be as per agreement value.
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