New form 165 on stamp paper

Form 165 will report joint property transactions against all co-owners’ PANs

Even if stamp paper is split or multiple papers used, reporting is based on property registration, not stamp paper individually

Each person may see full transaction value in AIS, but tax liability remains as per ownership share only

Thanks

I just wanted to confirm that form 165 will show ALL partners name and PAN and will be reported in AIS individually even when one stamp paper is purchased ??

Will stamp paper have all partners name if only 1 stamp paper purchased??

I think u r not getting my point

Please see new rule of reporting stamp paper

I am not talking of reporting of registrar

• Attribution of Value: In joint transactions, the standard practice under Rule 114E is to attribute the entire value of the transaction to each person involved. This means if two partners buy stamp paper worth ₹4 lakhs, it may initially appear as ₹4 lakhs in the AIS of both individuals. 
   
• Specific Reporting for Joint Buyers: New provisions in Form No. 165 (the form used for SFT reporting) now include a field for the "Transaction Amount related to the person". This is designed to allow more accurate reporting of each partner's actual share. 
• Best Practice for Documentation: To ensure the AIS accurately reflects your specific contribution, it is recommended to purchase stamp papers separately in each partner's name for their respective shares. This provides a clear paper trail of the funds used by each individual. 

• Single Deed, Multiple Papers: Even if multiple stamp papers are purchased by different partners, they are typically physically attached to or referenced within a single Sale Deed or Agreement for the property.
• Registrar Reporting: Separately from the stamp paper purchase, the Sub-Registrar will also report the overall property transaction to the tax department if the total value is ₹30 lakh or more (or ₹45 lakh under proposed 2026 draft rules). 
• AIS Verification: If the AIS shows the full value for both partners (duplicate reporting), you can provide feedback on the Income Tax e-filing portal to clarify your actual percentage of ownership and investment.

Thanks

U have made my point very clear

Sir 

My itr 2 was processed exactly after 6 months since income greater than 50 lakhs and property purchase transaction were involved

Just informing u as that time also u had answered my query on said

My pleasure...