CA Nidhi Kanabar online
06 April 2026 at 15:26

TDS ON RENT OF RESIDENATIAL PROPERTY

HI
I would like clarification regarding TDS on rent payments for Financial Year 2026–27:

Under which section is TDS applicable on rent paid to a resident landlord and what is TDS rate?
Under which section is TDS applicable on rent paid to an NRI landlord?
What are the applicable TDS rates and compliance requirements in both cases?


P.Madhivadhanan
06 April 2026 at 13:18

Form 121 of income tax

A senior whose total income Rs.1000000 . His tax liability under income tax act after rebate for the financial year 2026-27 is NIL. Is he eligbile to file Form 121


Suresh S. Tejwani
06 April 2026 at 12:36

10% pre-deposit for gst appeal

If the tax demand has already been paid through DRC-03, do I need to pay 10% pre-deposit on interest and penalty for filing a GST appeal?


Ankur Aggarwal
06 April 2026 at 07:59

Minor - PPF Rules Doubt

Hi,

I have a minor daughter and I want to open a PPF account for her. I am also investing 1.5L in my own PPF. As I understand, the annual limit of my and my daughter's PPF will be 1.5L.
1. The lock in of 15 years is calculated from the day of opening of minor PPF or from the date she turns major.
2. If I deposit say 10,000 per year in the minor's PPF above the 1.5L in my own PPF, then will the account be deactivated or only savings interest will be given on that.

Thanks


CMA Tapan Kumar Dhar
05 April 2026 at 19:35

Unable to login

forgot my password. e-mail:tkd_kol@yahoo.co.in


Radhakrishnan K.V.
05 April 2026 at 18:36

Appeal before the CIT (A) - Form

Whether the appeal filed before CIT (A) in Form 35 on 01/04/2026 would be treated as a valid one. Or should I file fresh appeal in form-99?


Pankaj Goswami
04 April 2026 at 18:30

RD1 approval

1. Can a LO of a Foreign Company adopt a Calendar Year without approval of RD.
2. MCA V3 portal does not allow a FCRN of a LO to post RD1 on the Portal. (is that correct)
3. FC4 of with a calendar year has been accepted and approved by the MCA, can this be relied upon as acceptance of calendar year by the LO.
4.RD is refusing physical submission of RD1 for a LO.
5. Can we say that since a foreign company is governed by Chapter XX11 and under section 381 a foreign Company must file its financial statements within 6 months of the end of the financial year to which it relates, suggests that a foreign company is allowed to follow a financial year different from what is provided in section 2 (41) that is a April to March year



afreen shaikh
04 April 2026 at 13:37

TDS ON SALE OF JOINTLY HELD PROPERTY

INCASE OF LTCG ARISES ON SALE OF IMMOVABLE PROPERTY. IF TOTAL SALE CONSIIDERATION EXCEEDS 50 LACS THAN 1% TDS IS APPLICABLE. BUT IN CASE OF PROEPERTY OWNED BY MORE THAN 1 PERSON i.e. CO OWNERS ARE THEIR THAN INDIVIDUAL SHARES IS LESS THAN 50 LAC THAN 1% TDS IS DEDUCTABLE??


ATUL MAKWANApro badge

I have taken GST registration under fast track registration (Monthly B2B output tax libility is below 2.5Lakhs) on 24.03.26 assuming my Tax liability will be below 2.5 Lakhs
But at the end of month my output tax liability is above 4 Lakhs (I am service provider giving training to Insurance agent and motivational speech )

Now please advice me how to amend in GST registration ?


Anant Mujumdar

Original residential property holder Father since 1991. (Market value not known for 1991) Property transferred to legal heirs on 07/02/2019. It was given for redevelopment on 25/11/2022.No financial consideration/monetary benefit since it is redevelopment. Occupation certificate received on 05/08/2025. 4.77% Part of the property (Carpet area) sold in March 2026.What is the Tax applicable for AY 2026-2027 for ITR2 form.






CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query