Tds on sale of property

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Hi, 

We have purchased an  imovable property  for rupees four crore from four buyers. We had paid the seller the amount in  3 installments. At the time of filling the form 26QB, we had mentioned that the payment is in installment (total 3 installments) but had paid 1% TDS  of his proportionate sale value (Rs, one crore) which is 1 lakh for each buyer, so four TDS fom for 4 buyers . 

Kindly n

What to do now ?

 

Replies (1)
u have to deduct TDS @ 1% Of installment every time..


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