Clarification Required on Filing Form 141 for Joint Buyers

Save Share

This query is : Open

samriddha chatterjee (Querist)
Follow

26 August 2026 Hi,

I need clarification regarding the filing of Form 141 for a jointly purchased property.

Example:
Property Buyers: Myself and my wife (joint buyers)
Current instalment amount: ₹10,00,000 (dummy amount for illustration)
Payment: I alone have paid the entire ₹10,00,000 instalment.
My wife's contribution: ₹0
Agreement: Both of us are mentioned as buyers, but the Agreement for Sale does not specify any buyer-wise percentage or proportion of consideration.

While filling Form 141, the portal asks for the “Proportion of total sale consideration to be paid/credited by the buyer (%)”, and the proportions of all buyers must total 100%.

Could you please clarify:

What percentage should be entered for me and my wife?
Should I enter 100% for myself, since I paid the entire instalment?
If my wife paid ₹0, how should her share be entered, especially if the portal does not allow adding a buyer with 0%?
Does my wife need to file a separate Form 141 using her own PAN, even though she did not make any payment towards this instalment?
How should the ₹10,00,000 instalment and corresponding TDS be allocated between us?

Please advise on the correct procedure.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now