Tag Archives: how to file Form 26QC

TDS on Rent of Property : Section 194IB: FAQs : Form 26QC & Form 16C

By | May 18, 2018

TDS on Rent Section 194IB of Income Tax Act What is TDS on Rent? The Finance Act, 2017 has introduced section 194-IB providing that Tenant of a property making monthly rent payment exceeding Rs 50, 000 is required to deduct tax at the rate of 5% from the rent payable to a resident landlord. Who… Read More »