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TDS on rent

Friends, you will be given information about what is TDS on rent (tds meaning in hindi). For this, you will have to study our article TDS on rent. Section 194I of the TDS on the Rent Income Tax Act, 1961, has provisions regarding tax deduction at source of rent.<br>Who is responsible for deducting TDS on rent?<br>This clause does not apply to any person (Personal) or HUF who is not responsible for the audit of 44AB, who is responsible for payment of rent. As per Budget 2017, a person or HUF (not responsible for tax audit) is also liable to deduct TDS @ 5% under Section 194-IB to Rs 50,000 per month to a resident. This amendment came into effect from 01.06.2017.<br>u00a0When to deduct TDS on rent:<br>TDS is to be deducted on the payment of any income from the medium of credit to the payer's account or whichever is earlier at the time of payment.<br>TDS deduction rates:<br>The person (PERSON) will be responsible for deducting TDS on rent at a lower rate (RATE).<br>u2022 Two percent for the use of any machinery or plant or equipment.<br>u2022 Ten (10) percent for the use of land (LAND) or BUILDING (including building) or land dependent (including factory building, Including factory building) or furniture or fitting.<br>Discount Limit:<br>If the amount of rent (RENT) does not exceed the standard Rs, then no deduction under this section (ACT) will be made. 1, 80, 000 during a financial year. Also, any deduction if payment of rent is made or deposited to a business trust as being a real estate investment trust. (Deduction) will not be done. Further, no deduction will be made if a payer is a government or local officer.<br>Source: https://taxjankari.com/tds-on-rent/

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TDS on rent

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  1. Tds on Rent www.taxjankari.com

  2. Conditions For Deduct Tds on Rent 1.         से?न 194 -I ?सफ ?भारतक े?नवासीको?कयेगए?करायेक ेभुगतानपरहीलागूहोताहै, य?द आप?कसी NRI को?करायेकापेम?टकरतेहैतोवहइससे?नम?नह?आयेगा। 2.         कोईभीपस?न?करायेकापेम?टकरनेपरट?डीएसकाटनेक े?लएउ?रदायीहोगा, ले?कनइसम? ऐसेइं?ड?वजुअलऔर HUF नह?आय?गे?जनक?टै?सऑ?डटनह?होनीहो, 3.         पूरेवष?म? Rs. 1,80,000 (अब 2 लाख 40 हजार ) सेअ?धकका?करायेकापेम?ट?कयाजाये। www.taxjankari.com

  3. SECTION 194I म? ?कस रेट और ?कस स??त को ?कराये पर देने पर टीडीएस काटा जायेगा ? ?कराये Rent क ेभुगतानपरट?डीएस TDS काटनेक े?लएअलग–अलगएसेट्सक े?लए अलग–अलगरेट्सदेरखीहै।जैसे?क– 1.?लांट & मशीनरी                                    – 2 % 2.Land, ?ब???ग,फन?चर & ?फ?ट??स          – 10 % www.taxjankari.com

  4. Time of tds Deduction on Rent – ?कराये क े भुगतान पर ?कस समय टीडीएस काटा जायेगा ? य?दआपट?डीएस TDS काटनेक े?लएउ?रदायीहैतोआपक े?ारा?करायेक?रा?शकोपेयीक ेखातेम? ? े ?डट Cr ?कयेजानेक ेसमयया?कराये Rent काभुगतानचाहेक ै श Cash याचेकया?ा?ट जारीकरनाया?कसीभीअ?यतरीक ेसे, जोभीपहलेहोट?डीएसकाटनापड़ेगा। www.taxjankari.com

  5. य?द आपक े ?ारा टीडीएस काटा जा रहा है तो सबसे पहले आपको Landlord का पैन नंबर लेना होगा। य?द Landlord क े पास पैन नंबर नह? है या वह नह? देता है इसक े अलावा य?द Landlord गलत पैन नंबर देता है तो यह माना जायेगा ?क पैन नंबर नह? ?दए गए है और आपक े ?ारा 20 % क? रेट से ही TDS काटा जायेगा। how to deduct tds on rent (Procedure) ले?कन ?कसी क ं पनीCompany या फम? Farm ?ारा से? ?ड?ेरेशन नह? ?दया जा सकता। य?द ?कसी क ं पनी या फम? को र?ट का भुगतान ?कया जा रहा है और टीडीएस TDS कटौती क? शत? bet पूरी हो रही है Landlord क? इनकम टै?ेबल नह? है तो वह से? ?ड?ेरेशन (Form 15G/15H) फाइल कर सकता है ?जससे Payer ?ारा र?ट पर टीडीएस नह? काटा जायेगा। www.taxjankari.com

  6. Contact Info LET'S CONNECT! WEBSITE https://taxjankari.com EMAIL ADRESSES cavirendrabarwar@gmail.com

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