Rent received in single name but house has co-owner.

Tenant is paying rent in single name but house has co-owner. Tenant is also depositing TDS in single name as rent agreement is in single name . Please advise how to file income Tax return ?

Replies (5)
Quick Summary
This discussion addresses the complexities of filing income tax returns when rental income is received under a single name, but the property is co-owned. The primary issue is how to correctly declare rental income and Tax Deducted at Source (TDS) when the rent agreement and TDS deposits are only in one owner's name. While the ideal solution is to amend the rent agreement and divide income and TDS equally between co-owners, this may not always be feasible after the initial period.

The rent agreement needs to be modified and the TDS deductions should be as per ownership of both the owners. ITRs should be filed by declaring rental income divided in both owners' file.

Thanks that was the correct way . Tenant has already deposited 100% TDS in one pan account. What is the other way of correcting now even if it leads to additional tax burden on one or both the co-owner? Can I file the return as per any of the below options?

1) Double the rent in both the co-owners income tax return to match the rent and TDS figures 

2) 100 % rent and tds in one account and no mention of rent and tds in other co-owner return ?

The correct way would be to divide the rent along with TDS to declare 50% rent income in each PAN.

Window for Correct way of doing things is closed . I am looking for another option.

As such no other option, may wait for any query from CPC.

Exercise the correct option in next ITR.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 23 October 2026
CA Articleship / Article Assistant

M N Rao & Associates LLP

Vijayawada

CA Inter

View Details
Company
28 October 2026
Assistant Director/ Associate Director-Finance & Accounting

Krea University

Chennai

CA

View Details
Company
24 October 2026
CA Industrial Trainee

Fytomax Nutrition Private Limited

Aurangabad

CA Inter

View Details
Company
19 October 2026
Accountant

Jari Saree Center

New Delhi

Others

View Details
Company
Featured 03 October 2026
Accountant

A P Lodha and Associates

Jalna

B.Com

View Details
Company
12 October 2026
Chartered Accountant - Internal Audit

HKC | Chartered Accountants & Business Advisors

Ludhiana

CA

View Details
Company
Featured ARTICLESHIP 28 October 2026
CA- Inter and Articles

N N V Satish & Co.,

Hyderabad

CA Inter

View Details
Company
08 October 2026
Account Executive

Elite Taxation

New Delhi

CA Foundation

View Details