No TDS on Rent if declaration in 15G/15H w.e.f 01.06.2016
Enabling of Filing of Form 15G/15H for rental payments for NIL TDS on Rent The provision of sub-section 194-I of the Act, inter alia, provides for tax deduction at source (TDS) for payments in the nature of rent beyond a threshold limit. The existing provisions provide threshold of Rs. 1,80,000 per financial year for deduction of… Read More »