Form 26QC_TDS paid at 5%
This query is : Resolved
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14 April 2025
Dear Experts,
TDS on residential property exceeding 50,000/- has been paid vide challan 26QC at 5% on 31.03.2025
However TDS certificate (Form 16C) is getting generated at 2% since the rate is 2%. However TDS is excess paid and should get generated at 5% since paid higher than required. This is the case in other TDS compliances (other than rent exceeding 50,000)
Please advice if we can generate Form 16C at 5%?
Regards,
TDS on residential property exceeding 50,000/- has been paid vide challan 26QC at 5% on 31.03.2025
However TDS certificate (Form 16C) is getting generated at 2% since the rate is 2%. However TDS is excess paid and should get generated at 5% since paid higher than required. This is the case in other TDS compliances (other than rent exceeding 50,000)
Please advice if we can generate Form 16C at 5%?
Regards,
15 April 2025
Not possible. You can get the excess amount paid as refund.
29 September 2025
Good luck..
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