Hi in case of two buyers and one seller for immovable property. What should be the total value of consideration in the Form 26QB. Should it be the full value or share of value of each buyer.
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TDS on property 26QB
Replies (5)
Quick Summary
Immovable property one buyer or joint property.
TWO BUYER ONE SELLER
Individual share value of the property purchased.
Not likely. Sec 64 will be applied. here tds is applicable but while filing returns disclosure in the hands of the assesse who holds the asset and has a greater income.
Section 194IA applicable to each buyer seperately
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