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💡 Paying rent above ₹50,000 per month? Then TDS compliance is not just the landlord’s responsibility — it’s yours too. Under Section 194-IB, tenants paying high-value rent must deduct TDS before making payment to a resident landlord. Here’s what every tenant should know 👇 🔹 Who needs to deduct TDS? Any individual or HUF paying rent exceeding ₹50,000/month 🔹 TDS Rate ➡️ 2% of total rent paid 🔹 When should it be deducted? 📅 Once in a financial year — usually in March or a
May 261 min read
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