Form 26QB Total Value of Consideration (Property Value)

TDS & TCS 1961
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what was the solution in your case then ?

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In Form 26QB, the “Total Value of Consideration (Property Value)” should be the full property value, even if there are multiple buyers.

For example:

  • Property value = ₹1 Crore

  • 2 buyers with 50% share each

Then in both Form 26QB filings, you should enter:

  • Total Value of Consideration = ₹1 Crore

  • Amount Paid/Credited to Seller = ₹50 Lakhs (individual share)

This is clarified in the discussion on QNA Tax Forum and also reflected in Income Tax filing instructions.