Hello All,
If Property value is-80 lakhs
with Two buyer MR A AND MR B each share of 40 L
WHETHER 26QB NEED TO FILLED IN THIS CASE ALSO AS INDIVIDUAL SHARE OF BOTH THE PARTIES IS LESS THAN 50 L?
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26qb 50 lac limit
Replies (1)
Yes, applicable.
It is dependent on property value, which is more than 50 lakh.
Deduct tax of both sellers.
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