TDS on Purchase of Residential Property

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Dear sir ,

I purchase House property Value Rs.58,00,000/- and Documents name of Husband and wife.as co-owner. Here TDS is Applicable As per Value's Limit .so I will Generate 26QB Form only One onwer name.should be Valid?

If 26QB Generate only one Onwer and TDS paud in Total Value ie 100%. how it Rectify this mistake? please give Solution?

Regards,

Chandrakant N.Parmar
Replies (2)

1. Advisable to file two form 26QB, one each by purchaser/s.

2. Not rectifiable.

Mr. Parmar,

 You can file two form  of 26QB, each person to hold asset, and you are file form 26QB  cannot rectified but, your payment has not been done  you can edit a form. 


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