TDS on Home Rent Compliances
Form 26QC Filing for Home Rent if Rent above 50,000 pm tds @2% is deducted.
Landlord is not an NRI
Yearly tds deduction from March Rent
Yearly Tds payment
Yearly Tds filing form 26QC
Form 16C Certificate generation
Landlord is an NRI
TDS is deducted monthly and paid monthly
No Limit of Rent
TDS @ 30% plus
Compliance
Monthly tds deduction and deposit
Form 15CA and CB Filing
Quarterly TDS form 27Q filing
TDS Certificate Form16A generation
TDS rate can be reduced using Lower TDS Certificate given by the Landlord from Income Tax Department
Correction Filing in the TDS Return
If any mistake observed in the TDS filing and income tax department sent default tds notice
TDS filing can be corrected online in case Landlord is NRI
In case of Resident Landlord,
TDS 26QC is applied online and have to visit tds officer with documents and indemnity bonds.
