Query relates to TDS already deposited in Form 26QB on an earlier higher flat value, later reduced by builder. Expert clarified that there is no need to revise past 26QBs. The buyer can simply adjust and pay TDS on the revised lower consideration in the remaining installment(s).
04 February 2026
Builder has reduced the Total Consideration Value of the flat suddenly after some adjustment for GST. I have already paid FIVE instalment and deposited the TDS quoting old hire value in FORM 26QB. Can I just pay the balance as last instalment and TDS quoting new reduced value or I have to rectify all previous FORM 26QBs?