how to pay tds on rent

How To Pay TDS Rent Above 50,000 Using Challan 26C and Form 16C?

TDS on Rent Above 50,000:  In Budget 2017, the officials of the Income Tax government added a new Section – 194IB – to bring the high rental income category into the tax net. The TDS Rate Chart for Rent payment by an individual or HUF is 5% under Section 194IB of Income Tax. This means that …

How To Pay TDS Rent Above 50,000 Using Challan 26C and Form 16C? Read More »