Form 26qb

Imran Hingora (Learner) (248 Points)

23 April 2016  

I HAVE PURCHASED A PROPERTY OF RS. 90,00,000/- (NINETY LAKHS ONLY)

WE ARE THREE PARTNERS AND EACH PARTNER IS CONTRIBUTING RS. 30,00,000/-(THIRTY LAKHS ONLY)

DO I NEED TO DEDUCT 1% TDS OF THE SELLER?

IF YES, CAN I DEDUCT FROM ONLY ONE PERSON THE WHOLE AMOUNT  OF TDS  RS. 90,000/- OR  I HAVE TO FILE THREE DIFFERENT FORM 26QB OF RS. 30,000/- EACH?

PLEASE SUGGEST!!!

THANKS!