I have purchased a property on 29th March,2018 worth 8625000. Unfortunately, I forgot to file 26QB. Now, I wanted to file the form along with TDS. The TDS amounts to 86250. The interest for late payment @ 1.5% is 11644 and late fee u/s is 234E for 233days is 46600( 200 per day).
My question is that the property is in the name of my father, mother and my brother. Do i need to file Form26QB three times ? If that's the case, would I be charged late filing fee u/s 234E 3times? If I'll have to do this, wouldn't it be better that I file this form only from 1 PAN and pay only 1 time late fee. 1PAN penalty is 46600 but the three PAN would amount to 86250 (28750x3).
Kindly suggest what should I do ? Is there anyway I can save my late filing fee or interest?
Urgent please. A swift reply would be appreciated.
CAclubindia
