banner_ad

TDS not deposited by tenant

TDS 440 views 1 replies

My tenant, a public sector company, has not deposited TDS on rent for FY 2024-25. I have been writing to them since December 2024 and they assured to take care of it. Yet now I find from AIS, that TDS just for two months in Q4  has been deposited. Can I ask them to deposit the balance amount and file a revised statement? What are the recourses available to me in case of non-compliance? If the issue is not resolved before the due date for filing my IT return how do I account for the TDS not deposited?

 

p

Replies (1)

@ Santhanam

You are in deep trouble, because of the laws of the land.

If the TDS deductor has failed to deposit the TDS, finally, the party from whom TDS has been deducted is made to face the music, as per the law.

In your case, since the TDS deductor is a Public Sector Company [Meaning it is the Govt itself at the end] , it is like Hydra with many heads.

You keep on pushing the company and pray for success, thats all I can say.

Regarding filing the return in the meantime, you will have to pay the TDS shortfall from your pocket, and claim it back next year, if your tenant pays it finally.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details