TDS ON RENT PAYMENT TO NRI : NEW INCOME TAX RULES 2026 TDS ON RENT PAYMENT TO NRI : NEW INCOME TAX RULES 2026 Under the Income-tax Act, 2025, rent payments made to a Non-Resident Indian (NRI) for property located in India are subject to strict Tax Deducted at Source (TDS) regulations. Rent from property… Read More »
TDS on Rent w.e.f 01.4.2026 as per New Income Tax Rules 2026 TDS on Rent w.e.f 01.4.2026 as per New Income Tax Rules 2026 Under the new Income-tax Act, 2025 (effective April 1, 2026), the provisions for deducting Tax Deducted at Source (TDS) on rent have been consolidated under Section 393(1). The rules depend on… Read More »
New Changes For TDS on Rent in Income Tax Act 2025 Under the new tax framework, the provisions for TDS on Rent have been consolidated under Section 393(1). The rules differ depending on whether the tenant is an ordinary individual or a business entity. 1.TDS on Rent ; For Individuals & HUFs (Non-Business Cases) This… Read More »
Section 194I Income Tax TDS on Rent Section 194I Income Tax Act deals with TDS on Rent . It is to be noted that for an Individual and HUF whose turnover from business does not exceeds Rs 1 crore in case of Business and Rs 50 Lakh in case of profession during the financial year… Read More »
Section 194IB Income Tax TDS on Rent [ TDS on Rent w.e.f 01.6.2017 ] [ Section 194IB of Income Tax Act – Deduction of tax at source on Rent in the case of certain Individuals and Hindu undivided family] If you are paying Rent in India , then you must have been confused whether you… Read More »
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 »
Section 194IB Income Tax Act, 1961 – FA, 2018 Summary of Section 194IB Income-tax Act 1961 Section 194IB of Income Tax act Inserted by the Finance Act, 2017, w.e.f. 1-6-2017. Section 194IB Income Tax Act 1961 1[Payment of rent by certain individuals or Hindu undivided family. 194-IB. (1) Any person, being an individual or a Hindu undivided… Read More »
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 »