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TDS on rental income.

10 April 2019

rental income of a property was divided into two person but the TDS credit of the entire property is claimed by one..please help whether it is correct or not? and if not then the correct treatment because the entire TDS is reflected in 26AS of one person only.

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5 Replies

RAJA P M ("Do the Right Thing...!!!") (128101 Points)
Replied 10 April 2019

This is wrong if rental paid to two persons and TDS deducted in one person...

Deduct tds in two persons and pay to two person's pan...

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CA Shikha Sharma (Ceo) (3869 Points)
Replied 10 April 2019

@ radhika didi,
Tds can be shown as deductibke income to tge person who paid such tds

1 Like

CA. Kasi Reddy Nallappa Reddy (Chartered Accountant) (153 Points)
Replied 10 April 2019

Request your tenant to revise the TDS returns by giving two PAN of the of the land lord, so that you will get the appropriate amount in the form 26AS.

1 Like