Answer

ITR

Rent income in AIS after the property was sold

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  1. Facts

    If the tenant deducted TDS under your PAN after the sale, the entry may be wrong or for the wrong period. You can mark it as not fully correct or relating to another year, and ask the tenant to correct their TDS statement.

  2. Provisions and law

    • Sec 285BB (now Sec 510)Annual Information Statement of a taxpayer's reported transactions and taxes
    • Sec 194IB (now Sec 393)TDS on rent paid by certain individuals and HUFs

  3. Analysis

    Check the months covered. If the flat was sold in June and rent for April to June is ₹75,000, that part is yours. Rent shown for later months belongs to the new owner. Give feedback for the wrong part and ask the tenant to fix the TDS statement. Claim TDS only for the period that matches your income.

  4. Conclusion

    1. Match the rent months with the sale date
    2. Give feedback on the wrong part of the entry
    3. Ask the tenant to correct their TDS statement
    4. Report only your part of the rent

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