Mujhe Govt UIT se property 2022 me allotment hua tha tab allotment me property value 40.25 lakh tha baad property ki size bada hone ki wajah se mujhe 2024 11.50 lakh ka demand notice aaya tab mera property ka total value 51.75 ho gaya tab mai 1% tds ke liye liable ho gaya to mera 26 QB me booking or agreement date kya aayega jab ki payment mene two installments me diya haiaur last installment ke time par 1% TDS Deduct karna hai
One my question i buy one property suppose in 14000000 Rs under construction and done agreement on 2nd april 2024. Paid some amount by loan 25lakh in 28june then 30 lakh on 10august 2024 then 25 lakh on 30 agust. total paid 80 lakh and remaining is 60 lakh. but still interior part pending. 80 lakh demend raise by builder in 31st may 2024. Now how i file TDS. As a lumsum of 14000000 Rs of stamp value or paid in installment. which is better. bcz if transection installment is more then 30 days then i have to pay penalty or interest on tds. kindly suggest best way to save penalty. thank u in advance
I paid TDS using income tax website on 16th of February 2024 but when I tried to place a request for download of Form 16B on traces website I am getting this error :- No data available for the specified search criteria. Please suggest.
In my case TDS 26QB, for the LAST installment the “Amount on which TDS to be deducted is automatically showing stamp duty value (C)? Is it normal? Because the TDS amount I should enter manually and it is 1% of last installment. Shall I ignore the section D in this case and hopefully IT dept knows that it s for last installment and the reason why it’s showing like that. Previously during my regular installments the section D always showed up the amount I entered in B (Current paid amount). Hopefully everything is corrrect for last installment? In your demo video also the section D showed stamp duty value and TDS amount (automatic in old forms) showed 6500. Please guide
Hello mam, I have files correction request with revised for 26QB. The status showing Pending for PAN approval since one month. Who will approve the request? Please guide.
Generally we give first installment payment on some date and after few days sale agreement is being done. Is it necessary that agreement date should be earlier than payment date?
Madam, As explained in your video, "Total Value Consideration (Property Value)" should be 1 Cr correct? What they paid as some x% can't be the Total value I guess, only paid can be x%?
Maam is it necessary to download 16b in case if someone didnt downloaded it,secondly while filing 26QB amount paid to seller will include gst amount or not in case payment is made in installments.
@@CAShwetaJain02 In my case TDS 26QB, for the LAST installment the “Amount on which TDS to be deducted is automatically showing stamp duty value (C)? Is it normal? Because the TDS amount I should enter manually and it is 1% of last installment. Shall I ignore the section D in this case and hopefully IT dept knows that it s for last installment and the reason why it’s showing like that. Previously during my regular installments the section D always showed up the amount I entered in B (Current paid amount). Hopefully everything is corrrect for last installment? In your demo video also the section D showed stamp duty value and TDS amount (automatic in old forms) showed 6500. Please guide
I have deposited the TDS on property flat .I seleted the installment mode ,due to this only partial TDS is adjusted against last installment amount in form 16 B.What to do now for correction so that I may get all TDS amount deducted in my form 16 .
@@harshitakant4699 Yes. Form 26 QB correction will be required in which seller will approve that paid amount is lumpsum. You have to select amount as lumpsum. After seller, income tax department will also approve it. For this correction ,income tax department will charge amount of almost Rs. 2500 or any other amount.
मैडम जी मै जानना चाहता हूं कि क्या Form 26QB की advance payment की जा सकती हैैजबकि Seller को केवल 10% payment की गई है और बाकी Payment बााद में की 3 से 4 महीने बाद करनी है। एक अन्य सवाल यदि Buyer ने 26QB Challan aur 16B Generate कर दिया है तो क्या buyer को भी इसका TDS 30 days के अंदर Income Tax को जमा करना है क्यांकि दोनो Challan aur Form 16B को Seller को देना है Buyer ke कोई और जिम्मेदारी शेष तो नही है।
Mam , kindly provide details on Tds if exchange deed is been executed & 1st party is paying 1 cr to other party (2 nd ) Are both parties liable to deduct / pay TDS on each other name . Thank you
Im also facing the same issue, its auto selecting the Corporation Tax (0020) and not 0021. please let me know if you come across with any solution yet ???
Great Video. Thanks! Intersting Query Buyer deducted & deposited 1% TDS, however short deduction default u/s 200A of 19% TDS as seller's PAN was not linked with Aadhaar and it was not disclosed by Seller. Seller got his PAN linked with Aadhaar after the TDS was deducted. How to get this short deduction default u/s 154 of 19% TDS rectified as correction also didn't resolve the issue. How to get this resolved?
Thanks Mam your video is very illustrative. In my case there are two sellers and two buyers. Total sale value is 1 Cr. I have generated successfully 4 no. of Form 26QB with sale consideration value of each form as 25 Lakhs. The TDS challans are generated for 25000 each. But one issue is coming, a Red Warning is coming beliw the stamp value of the property and the warning is---"Stamp duty value of the property should be proportionate value" I have filled stamp duty value Rs. 25,00,000 in all the 4 forms. Please tell why this warning is coming ----Regards ( Prem Sagar)
Thank you madam for detailed information. We are two buyers. Can anyone of us (husband and wife) pay TDS? How to enter this amount in ITR form to claim deduction? Please guide
This is superb content. Please carry on the good work. I watched many detailed videos on this topic but this was the clearest of all since the form fill out part is extremely well explained. Thank you very much Shweta ji.
Just now I got all information from other TH-cam channels. I thought let's watch one more. so I saw this. N got totally confused ....then ur comment helped. Even I think she is wrong. She should actually take some corrective action on it. thank you satyendra ji
If 1 seller [builder) and 2 buyers (husband wife). If Husband paying total amount and total TDS. Husband will make form 26QB showing 100%. What about wife? She does not need to make 26QB ?
Thanks a lot Mam. I think this is the best for video on TDS on sale of immovable property. Only one thing u missed is what happens when one of the sellers is not a Indian Resident. If possible please also let me know.
This is superb content. Please carry on the good work. I watched many detailed videos on this topic but this was the clearest of all since the form fill out part is extremely well explained. Thank you very much Shweta ji.
Very good and explained deeply.Thanks Mam
Best video very helpful 😊
Best video on this topic in TH-cam
Thank you
excellent
Thanks!
Mam
Seller has joint property with his wife and also joint saving bank account tds will be deposited on both pan or first holder
Wife
Mujhe Govt UIT se property 2022 me allotment hua tha tab allotment me property value 40.25 lakh tha baad property ki size bada hone ki wajah se mujhe 2024 11.50 lakh ka demand notice aaya tab mera property ka total value 51.75 ho gaya tab mai 1% tds ke liye liable ho gaya to mera 26 QB me booking or agreement date kya aayega jab ki payment mene two installments me diya haiaur last installment ke time par 1% TDS Deduct karna hai
Thank you Shweta it is so helpful and detailed video.
madam category of seller not appear when i enter category pan no
Maam agr buyer company ho to kya tan mai return file ho sakti hai
16b download hone ke baad seller ko dhethe, seller kya karthe , kuch online mein upload karna hai kya ye 16b?
Explained in detail. Good content. It was very helpful. Thanks.
Mam how stamp duty value comes more than sale consideration is not clear to understand. Make more clear in both cases i. e instalment and lump sum.
It's very useful information, Thank you🙏
Keep watching
in residential status of seller form category of pan not appear, when i enter pan no of seller, also confirm pan no of seller, can you help me
One my question i buy one property suppose in 14000000 Rs under construction and done agreement on 2nd april 2024. Paid some amount by loan 25lakh in 28june then 30 lakh on 10august 2024 then 25 lakh on 30 agust. total paid 80 lakh and remaining is 60 lakh. but still interior part pending. 80 lakh demend raise by builder in 31st may 2024. Now how i file TDS. As a lumsum of 14000000 Rs of stamp value or paid in installment. which is better. bcz if transection installment is more then 30 days then i have to pay penalty or interest on tds. kindly suggest best way to save penalty. thank u in advance
When it is bank property it doesn't have pan then wht to fill in seller pan
Mam lumsum payment ho to kya situation banegi
Very well explained.
Great video
Thanks for the visit
Well explained
Thank you
I paid TDS using income tax website on 16th of February 2024 but when I tried to place a request for download of Form 16B on traces website I am getting this error :- No data available for the specified search criteria. Please suggest.
In my case TDS 26QB, for the LAST installment the “Amount on which TDS to be deducted is automatically showing stamp duty value (C)? Is it normal? Because the TDS amount I should enter manually and it is 1% of last installment. Shall I ignore the section D in this case and hopefully IT dept knows that it s for last installment and the reason why it’s showing like that. Previously during my regular installments the section D always showed up the amount I entered in B (Current paid amount). Hopefully everything is corrrect for last installment? In your demo video also the section D showed stamp duty value and TDS amount (automatic in old forms) showed 6500. Please guide
Hello mam,
I have files correction request with revised for 26QB. The status showing Pending for PAN approval since one month. Who will approve the request? Please guide.
If the buyer is paying advance against flat in 10 installation due in 3/4 years do he need to file 26QB 10 times?
Generally we give first installment payment on some date and after few days sale agreement is being done. Is it necessary that agreement date should be earlier than payment date?
Madam, As explained in your video, "Total Value Consideration (Property Value)" should be 1 Cr correct? What they paid as some x% can't be the Total value I guess, only paid can be x%?
MAM 26QB FORM SE JUSTIFICATION REPORT KESE DOWNLOAD KRTE HAI
KAFI TRY KRI PR DOWNLOAD NHI HO RHI REPORT PLEASE GUIDE ME
If buyers are two for registry but first buyer is paying 100% payment then we have to select single buyer or two buyers?
Thanks ma'am
Maine pahle tds deposit Kiya tab total sale value ful le li,
Ab kya kare final payment par total sale value proposnate bhar de
Thanks
Ma’am , after generation of form 26QB I am not able to generate form 16B,
after how many days I can generate form 16B?
Is tds certificate required at saledeed?
Maam is it necessary to download 16b in case if someone didnt downloaded it,secondly while filing 26QB amount paid to seller will include gst amount or not in case payment is made in installments.
I think total value of consideration should be same for all buyers: total cost of property purchased
Is tds is applicable when we purchase house from builder
Hello mam, If i want to pay TDS in advance then what date of payment should i select as form does not allow us to select future date
Nice video 👍👌👍👌
Thank you so much 😀
Best video mam
Thank you
@@CAShwetaJain02 In my case TDS 26QB, for the LAST installment the “Amount on which TDS to be deducted is automatically showing stamp duty value (C)? Is it normal? Because the TDS amount I should enter manually and it is 1% of last installment. Shall I ignore the section D in this case and hopefully IT dept knows that it s for last installment and the reason why it’s showing like that. Previously during my regular installments the section D always showed up the amount I entered in B (Current paid amount). Hopefully everything is corrrect for last installment? In your demo video also the section D showed stamp duty value and TDS amount (automatic in old forms) showed 6500. Please guide
*maam Mai 62 lakh ka house buy kiya hu lekiN REGISTRY hi gyi but maine TDS Nhi fill up kiya hu
Mere CA ne bola ki seller ko bharna padega
Very useful. Thanks.
You're welcome!
Date of payment wrongly typed and submitted. How to modify/correct?
Is Total value of consideration/ property tole here is correct? O think full value of the property should be entered .. not the proportionate value
Did you get the answer even I think total value should be taken .
I have deposited the TDS on property flat .I seleted the installment mode ,due to this only partial TDS is adjusted against last installment amount in form 16 B.What to do now for correction so that I may get all TDS amount deducted in my form 16 .
Any resolution to your query
@@harshitakant4699 Yes. Form 26 QB correction will be required in which seller will approve that paid amount is lumpsum. You have to select amount as lumpsum. After seller, income tax department will also approve it. For this correction ,income tax department will charge amount of almost Rs. 2500 or any other amount.
Ok Thanks
Best video on TH-cam related to TDS on property purchase. Thanks a lot
So nice of you
When I try to do it, it auto-selects Corporation Tax (0020) and not 0021. What can be done to select 0021?
क्योंकि जीएसटी पर टीडीएस नहीं लगता तो क्या हम टोटल वैल्यू और अमाउंट पैड कॉलम्स में से जीएसटी घटाकर दिखाएं ?
Thank yiu very much
Welcome
मैडम जी मै जानना चाहता हूं कि क्या Form 26QB की advance payment की जा सकती हैैजबकि Seller को केवल 10% payment की गई है और बाकी Payment बााद में की 3 से 4 महीने बाद करनी है। एक अन्य सवाल यदि Buyer ने 26QB Challan aur 16B Generate कर दिया है तो क्या buyer को भी इसका TDS 30 days के अंदर Income Tax को जमा करना है क्यांकि दोनो Challan aur Form 16B को Seller को देना है Buyer ke कोई और जिम्मेदारी शेष तो नही है।
if seller has joint account with wife property selles 1crore tds will be deposited on both or first holder
🙏🙏🙏🙌 great mam
Thank you
by far best video on this topic thank you
Thank you
If mom n son purchase property for 50 lacs where mom pays ,40 and son pays 10 lakh , how much tds both should deduct 80/20 or 50/50 percnt
Interest how to calculate?
Mam , kindly provide details on Tds if exchange deed is been executed & 1st party is paying 1 cr to other party (2 nd )
Are both parties liable to deduct / pay TDS on each other name .
Thank you
When I’m trying to do, it is auto selecting Corporation Tax (0020) and not 0021. What can be done to select 0021?
Im also facing the same issue, its auto selecting the Corporation Tax (0020) and not 0021. please let me know if you come across with any solution yet ???
Same problem here any solution received?
Ma'am what about the warning" please enter proportionate share of SDV"
I'm also getting the same. What you have done, can you please share?
If I have bought property with wife and I have made 100% payment ,then both of us have to fill Form 26QB or 26QB form by me will suffice?
Same question
Mam mera tds file kra dengi
PLEASE 26QB CORRECTION KAISE KARNA HAI USKA PURA LAST TAK KA PROCESS BATAYENGE.
Sure
Madem Purchaser TDS nahi karega to kaya problem aata he
Great Video. Thanks!
Intersting Query
Buyer deducted & deposited 1% TDS, however short deduction default u/s 200A of 19% TDS as seller's PAN was not linked with Aadhaar and it was not disclosed by Seller. Seller got his PAN linked with Aadhaar after the TDS was deducted. How to get this short deduction default u/s 154 of 19% TDS rectified as correction also didn't resolve the issue. How to get this resolved?
Still no resolution. Let me know if you got one
Thanks Mam your video is very illustrative. In my case there are two sellers and two buyers. Total sale value is 1 Cr. I have generated successfully 4 no. of Form 26QB with sale consideration value of each form as 25 Lakhs. The TDS challans are generated for 25000 each. But one issue is coming, a Red Warning is coming beliw the stamp value of the property and the warning is---"Stamp duty value of the property should be proportionate value" I have filled stamp duty value Rs. 25,00,000 in all the 4 forms. Please tell why this warning is coming ----Regards
( Prem Sagar)
I am getting the same warning, how did you resolve it
I am getting same, Please help how to resolve@@kalpeshkurra9836
Thank you
You're welcome
Thank you madam for detailed information. We are two buyers. Can anyone of us (husband and wife) pay TDS? How to enter this amount in ITR form to claim deduction? Please guide
Thank you very much mam because it is very cleared and understood for the process of regarding form 26QB and form 16B after watching of this video.
It's my pleasure
Thanks a lot mam...
This is superb content. Please carry on the good work. I watched many detailed videos on this topic but this was the clearest of all since the form fill out part is extremely well explained. Thank you very much Shweta ji.
Very good video. It has cleared many doubts regarding TDS on sale of property and filling out 26QB
Thanks
Total value of consideration is wrongly taken
It will not be half /proportionate
Plz correct or clear
I also have this doubt. Someone please clarify
I think u are right..
Stamp duty value ko proportionate karna hai
Total value of consideration (property value) likha hua hai...
Just now I got all information from other TH-cam channels. I thought let's watch one more. so I saw this. N got totally confused ....then ur comment helped. Even I think she is wrong.
She should actually take some corrective action on it.
thank you satyendra ji
Hi. Did you all get the resolution to it.? Even I think total value of consideration should be full amount but now I am confused. Pls help
If 1 seller [builder) and 2 buyers (husband wife). If Husband paying total amount and total TDS. Husband will make form 26QB showing 100%. What about wife? She does not need to make 26QB ?
Same question 🙂↕️
Thanks a lot Mam. I think this is the best for video on TDS on sale of immovable property. Only one thing u missed is what happens when one of the sellers is not a Indian Resident. If possible please also let me know.
Any contact number for filling services?
This is superb content. Please carry on the good work. I watched many detailed videos on this topic but this was the clearest of all since the form fill out part is extremely well explained. Thank you very much Shweta ji.