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TDS in Sale of Property

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Hi, I purchased a property for 60 lacs. However, I mistakenly put 50 lacs are sale consideration and made 1% TDS on lumpsum basis.

Can I file a new 26 QB for the balance amount. And what payment type should I select- Lumpsum or installment, for the balance payment.

 

 

Replies (3)
You can apply for correction of form 26qb . please pm if you need help in doing it.

Hi, thank you for your reply.

Seller PAN is inoperative and I received a default notice to pay TDS @ 20%. Will it be possible to correct the Consideration. 
 

Or should i do balance payment under a separate 26qb

Tds on sale of property 45 lacs anf above, fill up the correction form and file returns.


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