Form26QB

Others 283 views 5 replies
Do we need to file 2 Form26QBs, if there are two buyers & it is wholly financed by only one of them?
Replies (5)

Yes, if both have rights in the purchased property.

Thank you Sir.

Should we show the property value in the proportion of ownership or the same gross value for both the buyers?

if only one person is financing the purchase then he has to deduct tds and file one 26 QB

Sir, but the property is getting registered as joint holding with 50:50 share.
I HV a query
I HV filed 26 QB now my deal is cancelled
what to do know
am I required to cancel form 26qb


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