Form 26QB - Co-owners - Total Value of Consideration
This query is : Resolved
Quick Summary
14 April 2025
Hi,
Which value is to be filled in the "total value of consideration" in Form 26QB for co-ownership property ?
Is it the entire sale consideration of the property or the each owner's share in the sale consideration?
For Stamp Duty Value - the form 26QB clearly states only each owners' share in SDV has to be filled in the pop-up (warning) but no such instruction for TVC.
Some CAs advise to put each owners share in sale consideration as the value in TVC whereas some others have advised the total sale consideration as the value to be put in TVC.
Which is the correct approach? is there any circular / clarification from CBDT in this regards?
Which value is to be filled in the "total value of consideration" in Form 26QB for co-ownership property ?
Is it the entire sale consideration of the property or the each owner's share in the sale consideration?
For Stamp Duty Value - the form 26QB clearly states only each owners' share in SDV has to be filled in the pop-up (warning) but no such instruction for TVC.
Some CAs advise to put each owners share in sale consideration as the value in TVC whereas some others have advised the total sale consideration as the value to be put in TVC.
Which is the correct approach? is there any circular / clarification from CBDT in this regards?
Dhirajlal Rambhia
(Expert)
14 April 2025
Correct value for each co-owner would be divided as per his/her share in the property.
Dhirajlal Rambhia
(Expert)
28 September 2025
Good luck.....
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