26QB form

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MJ PRO SEVA HUB (Querist)
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02 January 2026 If more than 1 buyer in property purchase than what will be total sale Consideration amount in 26QB of each buyer total 60,00,000 property cost
same ratio 33.33 of partner

Aashok Kumar Sharma

Aashok Kumar Sharma (Expert)
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02 January 2026 When a property costing ₹60 lakh is purchased by three buyers with equal (33.33%) share, each buyer must file a separate Form 26QB showing only ₹20 lakh as consideration and deduct 1% TDS (₹20,000). Under no circumstances should the full ₹60 lakh be shown in each buyer’s Form 26QB.

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