TDS on Rent: How to Get a Refund for Excess TDS Deducted from House Rent Payments
TDS on Rent TDS on Rent If you’re a tenant paying house rent above ₹50,000 per month, you are required to deduct Tax Deducted at Source (TDS) before paying rent to your landlord under Section 194IB of the Income Tax Act. TDS on Rent Effective October 1, 2024, the TDS rate was reduced from 5% … Read more