Jugaad ToolsTDS on rent calculator
Pay more than ₹50,000 a month in rent? You must deduct 2% once a year, deposit it and give your landlord a certificate. See how much, and by when.
Do I need to deduct?
Yes, deduct TDS
TDS to deduct for FY 2026-27 (2%)
₹14,400.00
Your rent is above ₹50,000 a month, so you deduct 2% once, on the total rent for the full year: 2% of ₹7,20,000.00 = ₹14,400.00. Pay the landlord ₹45,600.00 for March 2027 instead of ₹60,000.00.
- When to deductOnce, when you pay March 2027 rent (last month of the FY)
- Deposit and file by30 Apr 2027, in Form 141 (earlier Form 26QC)
- Give landlord Form 132 by15 May 2027 (earlier Form 16C), download from TRACES
- TAN needed?No, your PAN is enough
Claiming HRA? Make rent receipts →
Need a rent agreement? →
Not tax advice. General guidance from the Income-tax Act, 2025 and Rules, 2026 as reported; check on the e-filing portal or with a CA.
Who must deduct TDS on rent?
Any individual or HUF tenant paying more than ₹50,000 rent for a month (or part of a month), who is not covered by a tax audit. Salaried people count. Tenants under tax audit and companies deduct under a different rule (10% for buildings). From 1 April 2026 this is section 393(1) (Table, Sl. 2(i)) of the Income-tax Act, 2025; before that it was section 194-IB of the 1961 Act.
How much and when?
2% of the total rent for the year (5% before 1 October 2024), deducted once from the rent for March or for the last month of the tenancy if you move out earlier. If the landlord doesn't give a PAN it is 20%, but never more than that last month's rent. Example: ₹60,000 a month for twelve months is ₹7,20,000, so TDS is ₹14,400.00 and March's payment to the landlord is ₹45,600.00.
How to pay it on the e-filing portal
- Log in to the income-tax e-filing portal with your own PAN. You don't need a TAN.
- Open e-File → e-Pay Tax and choose the TDS on rent option: Form 141 for FY 2026-27 onward (Form 26QC for FY 2025-26 and earlier).
- Enter the landlord's PAN and address, the tenancy period, the total rent and the TDS amount.
- Pay through net banking, UPI or card before the due date: 30 days from the end of the month you deducted. For March, that is 30 April.
- Once the form is processed, download the certificate (Form 132, earlier Form 16C) from TRACES and give it to your landlord within 15 days of the due date.
Common mistakes
- Deducting every month: for individuals it is one deduction, in the last month.
- Taking a TAN and filing Form 26Q. Tenants who aren't under audit use the PAN-based form instead.
- Getting the landlord's PAN wrong: the credit doesn't reach them, and you may be asked for 20%.
- Forgetting the certificate. The landlord needs it to claim the TDS credit.
- Missing the date: 1% a month interest for late deduction, 1.5% a month for late payment (part of a month counts as a whole month), and ₹200 a day late fee up to the TDS amount.
Old vs new section names
Rent TDS by individuals: section 194-IB → section 393(1). Challan-cum-statement: Form 26QC → Form 141. Certificate: Form 16C → Form 132. No-PAN rate: section 206AA → section 397(2). Interest: section 201(1A) → section 398. Late fee: section 234E → section 427. The old names apply to FY 2025-26 and earlier; the new ones from FY 2026-27.
Is my data stored?
No. The maths runs in your browser and nothing you type is sent to our server.