banner_ad

TDS on property 26QB

TDS 389 views 5 replies

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.

TIA 

Replies (5)
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


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details