Form 26QB query error messages

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This query is : Resolved

Rashil Shah (Querist)

16 July 2024 Date of agreement - 08.07.2024. Joint Buyers - Mr X & Mr Y. Total Sale consideration Value Rs 63,51,206
Total TDS Rs 63512. Stamp Duty Amount Rs 3,11,209
Questions:
1. Payment type = Installment / lumpsum?
2. Total amount paid/ credited in previous installments, if any (A) - what should be this amount?
3. Amount paid/credited currently (B) - what should be this amount?
4. Total stamp duty value of the property (C) - what should be this amount

I have selected Lumpsum.
Total amount paid/ credited in previous installments, if any (A) - 0
Amount paid/credited currently (B) Rs 31,75,603
Total stamp duty value of the property (C) Rs 3,11,209

I am getting 2 error messages as 1. "Please enter proportionate share of Stamp Duty Value." 2. "Difference between Amount paid/credited currently (B) and Stamp Duty Value (C) is more than 20%."

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)

16 July 2024 Yes, check properly, stamp duty amount is not stamp duty paid, but value of the property as per circle rate.
I think, it would be Rs. 62,24,180/-
Is so, the first reply would be 31,12,090/-

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