The person who is going to show the capital gain amount in his/her return if income, should deduct the TDS.
Me and My wife are joint owners in a property we purchased for 84 lacs, i need to deduct and pay 84000 as TDS on this sale, do we both need to fill the form 26QB as sales value of 42 lacs each and pay 0.5% or only i can pay the entire TDS using my PAN details, my wife is housewife and has no income though she has contributed some amount from her savings
The person who is going to show the capital gain amount in his/her return if income, should deduct the TDS.