Vidhu Duggal & Co....

TDS on Rent – Key Amendment in Section 194I

TDS on Rent – Key Amendment in Section 194I

05 Mar, 2025

The annual limit of ₹2.40 lakhs for TDS on rent is now proposed to be changed to a monthly limit of ₹50,000.

🔹 Interpretation: TDS will now be deducted only if the monthly rent exceeds ₹50,000.

This change simplifies compliance and provides more clarity for taxpayers. Stay informed and ensure your tax obligations are met!

Let's Talk

Free Consultation

Related Post

Post Img

ITAT Mumbai Ruling: NRIs Not Liable to Pay Tax in India on Mutual Fund Gains

Post Img

How to Establish a Branch Office in India by a Foreign Company: Step-by-Step Guide

Post Img

Tax rates applicable on US Individuals

Post Img

Who needs to apply for ITIN in USA?

Post Img

Setting Up an AIF in GIFT City-Tax Benefits, Structure and Complete Guide for Global Investors

Featured Post

Post Img

IFBA 2022: It's a 30/30 journey, India enjoying fruits of demographic dividend, says Piyush Goyal

Post Img

Raising Foreign Funding? One FEMA Mistake Can Kill Your Startup

Post Img

Govt aiming to make India global hub for green hydrogen: FM Sitharaman

Post Img

TDS Deduction on Payment to Non Residents

Post Img

Taxation & Legal Formalities to be followed by Expatriates

Contact us

Get In Touch With Us