Sales consideration in 26QB in case of 2 buyers and 2 sellers
This query is : Resolved
28 December 2022
In case is there are two sellers A and B and two buyers C & D. A & B are selling property amounting Rs. 1 crores. C & D each need to pay 25 Lakhs to A & B. Now while filling 26QB, C & D will fill two 26QB each for A & B and they will mention 25 Lakhs as amount paid credited for A & B on which 25K TDS will be deducted. However what will be the amount of total value of property (Sale consideration) in 26QB for each form
CA R SEETHARAMAN
(Expert)
28 December 2022
It's 1 crore total value of the property for each form.
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