Section 194IA Form 26QB

Under section 194IA form 26QB has two field of total consideration (property value) and amount paid/credited in case of joint buyer and seller 4 form has to be filled if my property value is 11000000 then 2750000 per form is the amount
what value should i filled in total consideration 11000000 or 2750000.
Replies (2)
Quick Summary
This discussion clarifies how to correctly fill out Form 26QB for property transactions involving joint buyers or sellers. It addresses the distinction between 'Total Consideration' (the full property value) and 'Amount Paid/Credited' (each individual's share), especially when multiple parties are involved and the form is filled out separately for each.

Total consideration 11000000
amount paid or credited 2750000
Thankyou so much sir

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