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Income Tax - Frequently Asked Questions (FAQs) |
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TDS on Immovable Property |
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How will transactions of joint parties (more than one buyer/seller) be filed in Form 26QB? |
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Ans. Online statement cum challan Form/ Form 26QB is to be filled in by each buyer for unique buyer-seller combination for respective share. E.g. in case of one buyer and two sellers, two forms have to be filled in and for two buyers and two seller, four forms have to be filled in for respective property shares. |
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