banner_ad

FORM 26QB correction for jointly owned property

This query is : Resolved 
Profile Image

Profile Image

(Querist)
20 September 2024 My wife and I jointly purchased a property in 2022 (50-50 share mentioned in BBA). we have funded the property together almost in a 50-50 ratio as well.
the first two instalments (one in 2022, and one in 2023), we filed form 26QB for the full amount from my wife's PAN.
The last instalment is to be paid in October 2024.
This year I want to claim LTCG tax benefit by showing investment in the sai property.

Do I need to submit form 26 QB from my PAN ?
Should we correct past form 26QB, and show half TDS paid by each?
Can I just submit this instalment TDS entirely?
Profile Image

Dhirajlal Rambhia

Profile Image

Dhirajlal Rambhia (Expert)
22 September 2024 1. Yes
2. Not mandatory.
3. Proportionate to the balance payment.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 28 May 2026
SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 15 May 2026
ARTICLE ASSISTANT, TRAINEE AND PAID ASSISTANT

YOGESH KAPOOR AND ASSOCIATES

New Delhi

B.Com

View Details
Company
01 May 2026
Chartered Accountant

Agrawal Jain & Co.

Raipur

CA

View Details
Company
22 May 2026
Sr. Financial Analyst - Consolidation

Search Synergy

Mumbai

CA

View Details
Company
12 May 2026
Accounts Executive

Nafa Group

Mumbai

B.Com

View Details
Company
23 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
19 May 2026
Fundraising Expert

MentorsWorld Ventures Private Limited

Ahmedabad

Others

View Details
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details