- TDS Provision: Section 194-IB (Individual/HUF paying rent > ₹50,000/month).
- Landlord Status: Original owner expired in December 2025. Succession occurred.
- Rent Payments:
- Apr'25 to Dec'25 (9 months): Paid to the Deceased Owner.
- Jan'26 to Mar'26 (3 months): Paid to the New Owner (Legal Heir).
- TDS Deduction: The full year’s TDS (12 months) was deducted from the payment made to the new owner in March 2026.
- HRA Requirement: Employee is taking HRA exemption and the company requires split income records (9 months old PAN, 3 months new PAN).
Question:
What is the correct approach for depositing TDS in Form 26QC when the ownership changes due to death mid-year? Should the tenant deposit 9 months of TDS under the deceased owner's PAN and 3 months under the new owner's PAN, or can the entire 12-month TDS be deposited under the new owner's PAN? Is there any interest, late filing or penality involved?
What is the correct approach for depositing TDS in Form 26QC when the ownership changes due to death mid-year? Should the tenant deposit 9 months of TDS under the deceased owner's PAN and 3 months under the new owner's PAN, or can the entire 12-month TDS be deposited under the new owner's PAN? Is there any interest, late filing or penality involved?
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