Need help with Form 26QB throwing errors for final installment difference btw total a+b+C is > 20%

Dear Sir/Madam,

 

I have payed 1CR  so far in multiple installments and kept payinf TDS for every installment, for the final payment of 13 Lakhs.

 

I have an issue and need help.

While filling the form 26QB I selected the following

 

Approach 1:

  1. Payment type: "Installment"
  2. Last Installment - YES
  3. Total credited so far/already payment made (A): "1 CR"
  4. Amount paid currently (B): 13 L
  5. Total Stamp Duty of the poperty: (If Put 13 L) I get Error: "Difference btw A + B +C is greater than 20%"
  6. Total Stamp Duty of the poperty: (If I put 1.13CR total value of the propoerty) I get TDS on which amount to be paid "1.13CR" and its not editable filed.

The question is if I go ahead and pay TDS amount of 13000Rs, while the system says TDS on which amount paid is 1.13CR, I'll get Short notice as its auto generated message and I have to deal with it at the TDS office. (I got a short notice for the similar incident where I ignored and payed less that what was shown in the "Amount on which TDS needs to paid, the only difference was it was not a final payment, so I selected final payment: No")

Need your advice please ?

 

Approach 2:

From the earlier posts in the caclibindia, there was suggestion to use payment type as "Lumpsum"

I select the following in form 26QB.

  1. payment type as "Lumpsump",
  2. amount credited will be "13L",
  3. stamp Duty: 13L"
  4. Amount on which TDS to be deducted: "13L" <--Automatically populated and un editable.
  5. Pay 13000Rs TDS.

 

Sir/Madam two questions:

  1. Approach 2 is that correct ? and do seller/buyer have any isuues  while registering the property or any other timplications that I should be aware off ?
  2. Approach 1 - I stongly feel I'll short notice If I select this approach and pay TDS only for 13L (my final installment) - Is my suspicion correct 

Any thing else you suggest sir/madam ? please advice.

 

Thanks

Replies (1)

Hi, did the lumpsum method worked. Did builder raise any concern regarding last payment method being lumpsum?

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
19 October 2026
Accountants/Articles (Freshers/Experienced)

ADY & CO.

New Delhi

Graduate (Any)

View Details
Company
ARTICLESHIP 20 October 2026
CA ARTICLE

AMKN & CO

Noida

CA Inter

View Details
Company
30 September 2026
Senior Accounts Executive

Codeboard Technology

Chennai

MBA

View Details
Company
07 October 2026
Senior Account Manager

Amplio Invest

Mumbai

M.Com

View Details
Company
30 September 2026
Senior Accountant

Codeboard Technology

Chennai

B.Com

View Details
Company
14 October 2026
GST & TDS ASSISTANT

AGGARWAL SANJAY & ASSOCIATES

New Delhi

B.Com

View Details
Company
ARTICLESHIP 23 October 2026
Articled Trainee

J Y & CO

Hyderabad

CA Inter

View Details
Company
Featured 03 October 2026
Accountant

A P Lodha and Associates

Jalna

B.Com

View Details