We must explain to you how all seds this mistakens idea denouncing pleasures and praising account.
TDS on Residential Property Rent refers to the Tax Deducted at Source (TDS) that needs to be deducted by the tenant (the person who is paying the rent) before paying the rent to the landlord or property owner, if the monthly rent amount is more than Rs. 50,000.
This rule is under Section 194-IB of the Income Tax Act and is applicable even if you are not a business or professional. That means even salaried individuals renting a house or flat are required to deduct 5% TDS on monthly rent and deposit it with the Income Tax Department.
The good part is – no need for TAN registration. You only need your PAN, landlord’s PAN, and basic property details. The TDS amount must be deposited within 30 days from the end of the month in which the rent was paid. A Form 26QC needs to be filed online, and a TDS Certificate (Form 16C) must be shared with the landlord.
It may sound confusing, but don’t worry. At CallMyCA, we help you complete the TDS deduction, filing of Form 26QC, and generation of Form 16C, and ensure that everything is done correctly and on time.
Filing late or wrongly can cost Rs. 200 per day or more. We ensure it’s done right and on time.
You don’t need to apply for a TAN. We do everything using just your PAN and the landlord's PAN.
We complete the full process online—within a few hours—so you don’t waste your time.
We generate and send the Form 16C that you can share with the landlord, fulfilling your legal responsibility.
We help you understand and comply with all TDS rules, keeping your records clean.
No need to visit any government website or do paperwork. Just share details and relax.
If there’s a PAN mismatch, we help resolve it quickly to avoid rejection or penalty.
If you’ve never done this before, don’t worry—we'll guide you step by step like a friend.
We send you a full set of filing records in one place in case you need them for loans, audits, or future rent dealings.
Any individual (not doing business or profession) who is paying rent more than Rs. 50,000 per month for residential property must deduct TDS at 5%. Even salaried people fall under this rule. You only need to deduct once a year (usually at the end or upon vacating) and deposit it within 30 days.
No, TAN is not required under this section. The tenant can file Form 26QC using their PAN and the landlord’s PAN. This makes the process simpler for common people.
You should file TDS within 30 days from the end of the month in which you paid rent and deducted TDS. For example, if you deducted TDS in April, file by May 30.
If you delay the filing, you may have to pay a late fee of Rs. 200 per day, and even interest and penalties. Filing on time saves money and avoids legal trouble.
Form 26QC is a TDS return form for rent payments under Section 194-IB. It includes details of the tenant, landlord, property, rent amount, PANs, and TDS paid.
Form 16C is a TDS certificate issued by the tenant to the landlord after deducting and paying TDS. It confirms that the TDS has been deposited. You must give this to your landlord after filing Form 26QC.
Yes, delayed filing is possible, but you’ll have to pay interest and late filing fees. It’s better to file as soon as you realize the delay to avoid extra charges.
It is mandatory to collect the PAN of the landlord. If you don’t, you may have to deduct TDS at a higher rate of 20% instead of 5%, so always request it.
Technically, yes, but it’s confusing, and one small mistake in PAN or rent amount can lead to rejection or a penalty. That’s why most people choose experts like CallMyCA for error-free and stress-free filing.
With CallMyCA, the entire process—Form 26QC filing, payment, and Form 16C generation—takes just 1–2 hours if all documents are ready. It's fast and smooth.
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