Hi,
This question is w.r.t Final payment of TDS for property sale.
This is for 1 buyer and 1 seller.
Total Value of Consideration (Property Value) - 1,00,00,000 INR
Total amount paid/ credited in previous installments, if any (A) - 60,00,000 INR
Amount paid/credited currently (B) - 40,00,000 INR
Total stamp duty value of the property (C) - 1,00,00,000
Amount on which TDS to be deducted (D) is directly getting calculated at - 1,00,00,000 INR.
Ideally, since it is last installment, amount on which TDS to be deducted needs to be visible as 40,00,000 INR. However, it is showing 1,00,00,000.
Even, as I checked with other's Queries to change amount of C at 40,00,000 but it does not work it is calculating Total of A and B.
Kindly help and update what needs to be filled in A, B & C so that I pay TDS of 1% on 40,00,000 INR only.
Dear Sir,
If a domestic company purchase a .Com domain from Godaddy.com LLC US.
Amount paid through Credit card of Rs. 22113/- to Godaddy
So, 15CA required or not for this transaction.
i want last three years IT returns
I am unable to file IT returns for FY 2024-25(last financial year ending March 2025)
When will the Income tax portal open for Returns filing FOR AY 2025-26
Thanks and Regards
Suresh R
Should I pay TDS on advance amount paid to builder before executing sale agreement on property purchase? The total value of the property is more than 50 lakhs. Also in the case of joint buyers and one seller if the total property value is 60 lac what is the total value of consideration to be entered in form 26qb for each of the buyer. Is it 60 lac in both form 26qb or 30 lac in each form.
Hi Team,
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I am getting below error, how to solve?
Amount reported as per section 192(2B), of other tax deducted at source or tax collected at source, other than (388)
Hello All,
I purchased an under construction flat in 2019 and paid stamp duty in December 2019 and got it registered to my name in 2019 itself but i received possession of that flat in 2025. So if i sell that flat in 2025, do i need to pay short term capital gains tax or long term capital gains tax
sir
i want to know that -- i am purchasing under construction flat and builder is asking Rs 60000/- for transformer of our building so want to know whether TDS to be deducted on Rs 60000/- thousand or not
Thanks
26QB last installment Query