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Income tax rule: Do you need to deduct TDS if monthly rent exceeds ₹50,000? Here's the clear answer

The Indian Income Tax Act lays down specific rules for deducting TDS (Tax Deducted at Source) on rent payments, especially when rent crosses a certain limit. Many landlords and tenants remain confused ...
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Paying rent above Rs 50,000? You can be classified as assessee in default by income tax dept if you fail to deduct TDS

The Income Tax Department has released a new brochure explaining Section 194-IB which relates to obligations of a tenant to pay Tax Deducted at Source (TDS) by deducting it from house rent. This ...
The Financial Express

Paying over Rs 50,000 rent? New TDS rule and rent agreement rules 2025 you must know

A lot of people who move to metros or other big cities often face difficulties when renting accommodation. Many times, they don’t feel confident negotiating terms and conditions with landlords. This ...
moneycontrol.com

Does TDS on rent apply if a landlord’s total rent exceeds Rs 50,000?

Many landlords assume tax deducted at source (TDS) is based on the total rent received for a property, but that’s not how Section 194IB works. Today's Ask Wallet Wise query decodes how Rs 50,000 ...