The stamp duty value of the property is higher than the sale value

TDS & TCS 1961 TDS/TCS Return Forms
2

Hey @Mohammad_Nadeem

  1. If the stamp duty value exceeds 110% of the actual sale consideration, the stamp duty value will be considered as the deemed sale value for income tax purposes and TDS to be deducted on this amount.

  2. In Form 26QB, the total sale consideration should reflect the full value of the property, while the amount paid should indicate the buyer’s proportionate share.

Hope this helps!