26qc payment date

The due date of payment of TDS on rent is thirty days from the end of the month in which the deduction is made.

Example: If a taxpayer has made payment of rent in the month of December, then corresponding TDS should be deposited on or before thirty days i.e. January 30th.

According to rule, Taxpayer/Tenant should furnish challan-cum-statement in Form 26QC in following scenarios:-

• At the end of the FY or in the month when the premise is vacated / termination of agreement. However, taxpayer has to mandatorily file the Form at the end of each Financial Year (in case the agreement period contains more than one FY and rent has been paid/credited during the year)
• In the month when the premise is vacated/ termination of agreement ( in case the agreement period falls in the same FY)