A user is encountering an error on Form 26B related to a transaction with two buyers and two sellers. The error message states that the sum of previous payments and the current payment exceeds the total value of consideration. Another user suggests checking all details, ensuring the total consideration is divided correctly among buyers and sellers, and that TDS liability has been paid accurately to avoid the alert.
09 March 2025
Hi, My transaction is of double seller and double buyer. I am making the last installment of payment and have deposited tds of previous installment and during last installment I am getting following error.
Total of ‘Total amount paid/ credited in previous installments, if any (A)’ + ‘Amount paid/credited currently (B)’ cannot be greater than value present under field ‘Total Value of Consideration’
10 March 2025
Need to check all the details to give proper reply, but.. If you have filed four forms with total consideration divided as per shares of each buyer & seller, and if the TDS liability is paid correctly, then avoid the alert.