Vidhu Duggal & Co....
Direct Tax amendments in budget 2025
TDS on Rent – Key Amendment in Section 194I

05 Mar, 2025

By Vidhu

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TDS on Rent – Key Amendment in Section 194I

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!