dear all,
I have question on what data should be entered in 26QC for for 1 tenant and 2 landlords
Whether more than one Tenant/lessee/Payer (Yes/No) No
Whether more than one Landlord/Lessor/Payee (Yes/No) Yes
as per the rental agreement is between A and landlords X and Y where in A pays a rent paid is INR 60,000 to be shares equally between X and Y. So I understand 2 26QC forms need to be filed
one for A and X, and another between A and Y so at the end of the financial year when 26QC need to be files
what should be Total Value of Rent Paid (Amount in Rs.) : 60000 * 12 or 30000 * 12
Value of Rent Paid in Last Month (Amount in Rs.) : 60000 or 30000
Amount Paid/Credited (in Rs) 30000 * 12
Please help as I am very new to all this.
Thanks in advance.
regards
Jaya
CAclubindia
