Amt of payment to be mentioned intotal amt paid / credited in previous instalment of 26QB
This query is : Resolved
24 April 2025
a property is purchased by 3 persons A, B, C.
value of property is 30000000
while filling 26QB Challan
value of consideration wil be shown as 30000000
in buyers details more than one buyer shall be yes
in property details
total amt paid / credited in previous instalments if any
the first buyer A haas paid and amount of rs. 3000000
The query is the buyer B while filling the 26QB what is the amount to be filled
in total amt paid / credited in previous instalments if any?
should it show rs. 3000000/- paid by A or only the amounts paid by B?
Is the amount to be shown in column payments related to property or the amounts paid by each buyer intotal amt paid / credited in previous instalments if any is it only his share of payment made previously to the seller.
value of property is 30000000
while filling 26QB Challan
value of consideration wil be shown as 30000000
in buyers details more than one buyer shall be yes
in property details
total amt paid / credited in previous instalments if any
the first buyer A haas paid and amount of rs. 3000000
The query is the buyer B while filling the 26QB what is the amount to be filled
in total amt paid / credited in previous instalments if any?
should it show rs. 3000000/- paid by A or only the amounts paid by B?
Is the amount to be shown in column payments related to property or the amounts paid by each buyer intotal amt paid / credited in previous instalments if any is it only his share of payment made previously to the seller.
24 April 2025
Hi
In case of more than 1 buyer while filing the Form 26QB, each buyers form is independent and the column for previous payments shown reflect only their own past payments but not those of other co owners.
In case of more than 1 buyer while filing the Form 26QB, each buyers form is independent and the column for previous payments shown reflect only their own past payments but not those of other co owners.
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