I have 55000 rent from Oct-1, 2024.
I know i have to pay 2% TDS for the 6 months of FY24-25 which comes to 6600.
Question is can i deduct this amount in February rent and fill the 26QC in feb itself so that i can submit the same in my HR?
2nd when i go to epay tax section and then 26qc section the address under tenant details is directly taken from my AAdhar details. Do i need to change it to current address where i live on rent or it does not matter?
Hey @Ritwik_Bhardwaj
TDS should be deducted once during the financial year. It has to be deducted when the rent for the last month of the financial year (in your case, March 2025) is credited to the payee’s account. Additionally, Form 26QC must be filed within 30 days from the end of the financial year.
The address under tenant details in Form 26QC is typically pulled from your Aadhaar details, which may reflect your registered address. If it’s your permanent resident address then you don’t need to change it.
Hope this helps!