Form 26QB Multiple Buyer/Multiple seller

Considering there are multiple buyers, I know we have to pay TDS for each buyer. But few questions

  1. Total Value of
    Consideration (Property
    Value)
  2. Total amount paid/credited in previous installments, if any 
  3. Total Stamp Duty Value of the Property

What values should be filled in  each of these. Should I fill my indiviual share of combined share. Lets assume my share is 75% and my wife's share is 25%. 

Property value : 2 crore
Amount already paid : 1 crore (75 lakh from my account, 25 lakhs from my account)

Should total value of consideration 2 crore(total value) or 1.5 crore(my share)
Similarily Total amount paid/credited in previous installments, if any  should it be 1 crore or 75 lakhs
What about Stamp duty value


Also I assume if my contribution is 75%, my wife contribution is 25%, I assume It should be ok If I pay 3 installments entirely from my account and fourth one entirely from my wife account

Replies (3)
Quick Summary
For multiple buyers and sellers, file separate Form 26QB for each pair. Mention full property and stamp duty value in each form but deduct TDS based on individual ownership share. Previous payments can be proportionate to each buyer share.

  • Separate 26QB per buyer–seller pair

  • Enter full property value in each form

  • Enter individual share in payment details

  • TDS on proportionate ownership share

  • Payment source flexibility allowed

  • Deduct TDS at each instalment

What about amount paid in previous installment? Should I included whatever I paid from my account or total amount paid

Total TDS required:

1% of ₹2 crore = ₹2 lakh

Now divide buyer-wise:

Buyer Share TDS Liability
You 75% ₹1,50,000
Wife 25% ₹50,000

Even if:

  • You pay 3 installments

  • Wife pays 1 installment

That is perfectly fine. As long as total TDS deducted matches ownership ratio

You will file:

  • Separate Form 26QB for yourself (75%)

  • Separate Form 26QB for your wife (25%)

Each will:

  • Mention Total Property Value = ₹2 crore

  • Mention Total Stamp Duty Value = Full value

  • Deduct TDS as per their ownership %

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