Rent income_26AS

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This query is : Resolved

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A joint property owner is experiencing a mismatch in their 26AS statement because the tenant has reported the entire rental income against only one owner. The tenant is unwilling to revise the TDS return. The owner seeks advice on how to correctly declare their share of the rental income and TDS in individual tax returns without causing a discrepancy with the 26AS statement.

Dipen

Dipen (Querist)
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17 June 2025 Dear Experts,

A jointly owned property(commercial) has been rented. There are total 3 owners. However the tenant has filed TDS return reflecting entire rent only against 1 owner and he is not ready to revise the same.

If I show income in respective owner , then there will be a mismatch with 26AS. Is there any option where I can show rent is shown on behalf of co-owners and file returns accordingly showing rent against respective owners in their individual returns?

Pls advice

Regards,

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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17 June 2025 Give Feedback in AIS as partly belongs to another PAN/s.
File ITRs declaring respective rental income with bifurcation of TDS in schedule TDS2.

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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27 September 2025 Good luck..

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