T.D.S. on payment of purchase property

Bharatkumar (Individual) (124 Points)

07 August 2020  

Sir,

I have purchased one property (buyer)of Rs 1,45,00,000/- but sellers are 4 members, (Consideration) one seller is 5500000 second seller is 65,00,000 third seller is 15,00,000 and fourth seller is 10,00,000. In this connection should I am liable to do TDS from the payment to third or fourth seller?, because third or fourth seller are getting below Rs.50 Lacs amount.

And how to mention seller details in Form No.26QB?,because there are more than 01 members as a seller.

Thanks.