Monday, July 17, 2023

When is TDS to be deducted from house rent payments to the landlord?

If you are paying a house rent of more than Rs 50,000 per month, then make sure to deduct TDS from such rent and deposit it in the government's account. Further you must also give your landlord a TDS certificate in time, so that he may claim it back or adjust it against his tax liability.

from Tax-Wealth-Economic Times https://ift.tt/VoDFfaC

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