Form 26QB - Details to filled

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This query is : Resolved

Quick Summary

This discussion clarifies the 'Date of Agreement/Booking' field in Form 26QB when paying TDS on property transactions. The user is seeking guidance on whether to use the token payment date or the sale agreement date. The consensus suggests using the date of the sale agreement for consistency across all TDS filings related to the property purchase, even if token payments were made earlier.

niki

niki (Querist)

09 April 2025 Hi All,

I am buying a property for 80 lacs. I have paid a token amount of Rs. 1,00,000/- to the seller on 2nd April 2025. Housing loan will be of Rs. 50 lacs.
The balance sale consideration will paid in 3 installments i.e. Rs. 9 lacs on 10th April 2025 and Rs. 20 lacs 15th April 2025 and the Sale Agreement will also be signed on the same day - 15/04/2025. Finally the balance amount will be paid by housing loan directly by bank.

My query is what date should be mentioned against "Date of Agreement / Booking" in Form 26QB for tds on token amount?
Whether it will be 2nd April 2025 or 15th April 2025 or any some other date ?

Will the "Date of Agreement / Booking" have to remain same for all future 26QB forms i..e subsequent payments or it will change after signing the agreement?

Thanks
Niki