A buyer mistakenly allocated the entire TDS payment to one seller when purchasing property from two, filing only one Form 26QB. The suggested solution is to rectify the filed return, request a refund for any excess payment made, and simultaneously file a separate Form 26QB for the second seller.
05 May 2025
A PROPERTY PURCHASED FROM TWO SELLERS AND TDS DEDUCTED ACCORDINGLY. BUT FILING OF FORM 26QB BUYER HAS WRONGLY SHOWN WHOLE TDS PAYMENT IN ONE SELLERS' ACCOUNT INSTEAD OF TWO AND ONLY ONE 26QB HAS BEEN FILED. PLEASE GIVE ME THE SOLUTION.