26QC for multiple landlords
This query is : Resolved
04 January 2024
Dear experts,
I need to fill 26QC and pay TDS on the rent as I am vacating by this month end. The rent I am paying is 60K and there are 2 landlords. So I know I need to submit for each landlord 26QC forms.
In the 26QC form do I enter the following
1 tenant and 2 landlords with equal share
The period of tenancy is 10 months (April 1 to Jan 31)
Total value of rent paid = 6,00,000
Value of Rent Paid in Last Month = 60,000
Amount Paid/Credited (in Rs.) = 3,00,000
TDS rate 5%
Amount of tax deducted at source = 15,000
Please advice if the above data is correct to be entered for each landlord.
Thanks in advance
Jaya
I need to fill 26QC and pay TDS on the rent as I am vacating by this month end. The rent I am paying is 60K and there are 2 landlords. So I know I need to submit for each landlord 26QC forms.
In the 26QC form do I enter the following
1 tenant and 2 landlords with equal share
The period of tenancy is 10 months (April 1 to Jan 31)
Total value of rent paid = 6,00,000
Value of Rent Paid in Last Month = 60,000
Amount Paid/Credited (in Rs.) = 3,00,000
TDS rate 5%
Amount of tax deducted at source = 15,000
Please advice if the above data is correct to be entered for each landlord.
Thanks in advance
Jaya
20 January 2024
https://learn.quicko.com/form-26qc-tds-on-payment-of-rent
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