26-QB TDS on Property Sale
This query is : Resolved
22 December 2023
Hi, I purchased a property for 60 lacs. However, I mistakenly put 50 lacs are sale consideration and made 1% TDS on lumpsum basis. Can I file a new 26 QB for the balance amount. And what payment type should I select- Lumpsum or installment, for the balance payment.
CA R SEETHARAMAN
(Expert)
23 December 2023
Yes, file new 26QB for the balance amount, select instalment.
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