Difference between "Transaction amount" and "Transaction amount assigned" under SFT transaction tab

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Nikhil Saxena

22 Points Posted on 29 December 2022

What is difference between "Transaction amount" and "Transaction amount assigned" for "Purchase of immovable property" item under SFT transaction tab (in AIS Feedback of compliance portal).

I was completing AIS feedback for my father on IT compliance portal as he got SMS from IT Dept. He and myself have jointly purchased a property this year which was showing under SFT transaction tab for "Purchase of immovable property" item. On opening this item, it has one of the fields as "Transaction amount assigned" which I don't understand. This field value is equal to property value in "Transaction amount" field. Is this correct? Or is it actual initial amount paid by taxpayer as down-payment (which is less than total cost of property as rest is loan). Do I need to correct its value to actual amount paid before loan? Please assist. (screenshot attached)

Replies (3)

Quick Summary

This discussion clarifies the distinction between 'Transaction amount' and 'Transaction amount assigned' within the SFT transaction tab on the IT compliance portal, specifically for immovable property purchases. The 'Transaction amount' represents the total property value, while the 'Transaction amount assigned' denotes the portion attributable to each joint owner based on their financial contribution or ownership stake. If a co-owner has no financial involvement, their assigned amount should be zero.

Mehul Patel

22 Points Posted on 29 December 2023

Transaction amount is the consideration amount while Assigned transaction amount is the amount assigned to joint holder of property. So if Mr and Mrs Patel buy a house property in Rs 80 Lakhs with equal oqnership, then Transaction amount will be entire amount of 80 lakh and assigned transaction amount to Mr patel will be 40 Lakhs.

Royal Mason

22 Points Posted on 01 January 2024

Sir, in case one of the party is just a co owner with no financial transaction, then the assigned amount should be 0. Is that a correct understanding?

Aashok Kumar Sharma

Finance/Compliance Consultant

75663 Points Posted on 07 November 2026

What the two AIS fields mean:

• "Transaction amount": the total consideration for the property, as reported by the registrar (SFT-012).

• "Transaction amount assigned": the share of that amount attributed to you. The reporting entity splits it among the parties (buyers or sellers) by the number of parties or declared shares.

• If you are a co-owner who didn't contribute (e.g. a spouse added for convenience), give AIS feedback: "Information is not fully correct" or "Information relates to other PAN" with the correct amount (0 or actual share). Otherwise you may get a query on the source of investment.

• Your actual financial contribution and bank trail decide your cost of acquisition for future capital gains, not the AIS figure.