banner_ad

26QC form filling for multiple landlords

TDS / TCS 1289 views 1 replies

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 per month and there are 2 landlords. So I know I need to submit two 26QC forms one for each landlord

Do I fill the 26QC for each landlord the following way

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
 

Replies (1)
Dear Jaya ji,

As per Section 194IB, the amount of rent paid to a resident ( 1 tenant ) is below 50K. So as such you are not required to deduct tds at all.

however, if you wish to file on conservative basis, then the values to be entered for each landlord are as below -


Total value of rent paid = 3,00,000
Value of Rent Paid in Last Month = 30,000
Amount Paid/Credited (in Rs.) = 3,00,000
TDS rate 5%
Amount of tax deducted at source = 15,000

Rgds-CA. Raj Doshi-R C D & Co.-Chartered Accountants- Kandivali West-Mumbai


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details
Company
22 May 2026
U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details
Company
18 May 2026
MIS Executive

Primarc Pecan Retail Limited

Mumbai

B.Com

View Details
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details