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26QB Filling for Joint Buyes
I have to file 26QB where more than one buyer. my question is what will the sale considered value have to show. is it the full amount of the sale of property or the only part of the buyer??
Replies (4)
The actual value of the property being paid by each buyer.
in case of two sellers say A and B selling property of 1 cr - what should be value of property reported while filling 26QB for each seller ? 50 lacs or 1 crore
Rs. 50 lakhs.
Thanks and if there are two buyers also having 50% share then value of property reported will be 50 lacs and stamp duty value of proportionate share will be 25 lac on which tds will be auto calculated.
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