FORM 26QB - PURCHASE BY TWO PARTNER

When filing Form 26QB for joint property buyers, each buyer must file a separate form. The "Total Value of Consideration" field must reflect the entire property value (₹1 Crore), while the "Amount Paid/Credited" field should reflect the individual buyer's proportionate share (₹50 Lakhs), upon which the 1% TDS is calculated.

Sir thanks for reply and I am also think the same. But most of the professional advise to show in field of TOTAL VALUE CONSIDERATION OF THE PROPERTY - to be shown according to the sharing amount between partner - in above case the amount will be 50 Lacs. And the same was smoothly process by Department. 

More views are welcome 

For joint property purchases, each buyer must file a SEPARATE Form 26QB for their proportionate share. Here is exactly how to fill it:

TOTAL VALUE OF CONSIDERATION (in each Form 26QB):
Enter the FULL property value (e.g., Rs 80 lakh) in this field ,  not the split amount.

AMOUNT PAID/CREDITED:
Enter only YOUR proportionate share of the payment (e.g., if 50/50 split, Partner A enters Rs 40 lakh, Partner B enters Rs 40 lakh).

TDS AMOUNT:
1% of YOUR proportionate payment ,  Rs 40,000 each in this example. Total TDS = Rs 80,000.

FOR EACH SELLER:
If there are multiple sellers, a separate Form 26QB must be filed for each buyer-seller combination. So 2 buyers x 1 seller = 2 forms. 2 buyers x 2 sellers = 4 forms.

TIMING: TDS must be deducted at the time of each payment or registration (whichever is earlier) and deposited by the 7th of the following month.

LATE FEES: If TDS is not deducted on time, interest at 1% per month from date of payment applies.

For [Form 26QB filing and TDS-on-property compliance](https://taxgarden.in/blog/how-to-pay-income-tax-online-e-pay-challan-280-guide-2026), Tax Garden handles joint buyer scenarios including multi-seller property transactions.