Praveen J & Associates
TDS & TCS · TDS on Property — Multiple Buyers / Sellers

TDS on Property with Multiple Buyers / Sellers — Form 26QB Made Simple

Joint ownership property? 26QB filing complicated lagti hai — har pair ke liye alag form chahiye.

Share-wise TDS calculation, multiple 26QB filings aur Form 16B delivery — sab clean handled.

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Common Problems Faced

How many 26QBs to file confusion

Wrong share-wise TDS split

Co-buyer PAN mismatch

Single 26QB filed instead of multiple

Form 16B mismatch for sellers

How does it work?

  • Separate 26QB for each buyer-seller pair
  • TDS split as per ownership share
  • All buyers must deduct on their share
  • PAN of every party mandatory
  • Form 16B issued pair-wise
Note: Common mistake: filing one 26QB for joint owners. Each pair = separate form.

Who Should Use This Service?

Joint property buyers (couples / family)

Multi-owner sellers (inherited property)

Co-buyer + co-seller transactions

Investor groups

Builder-allotted joint flats

Benefits

  • Compliance for each owner
  • Correct seller credit per share
  • No mismatch in registration
  • Penalty / interest avoided
  • Full coordination support

Important Points

  • One 26QB per buyer-seller pair
  • Share % must match sale deed
  • All PANs mandatory
  • Late filing penalty per form
  • Form 16B applies pair-wise

Our Process

1

Map ownership shares

2

Calculate per-pair TDS

3

File multiple 26QB returns

4

Pay challans separately

5

Download & deliver each Form 16B

Documents Required

PAN of all buyers & sellers
Sale agreement with share %
Payment schedule
Property details
Bank details

Frequently Asked Questions

Nahi — separate form per buyer-seller pair.

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