Yahoo India Web Search

Search results

  1. People also ask

  2. Jul 4, 2024 · What is Section 194I? The person (not being an Individual or HUF) who is responsible for paying of rent is liable to deduct tax at source. TDS threshold for deduction of tax on rent is Rs 2,40,000 for the FY 2024-25 (the threshold limit was Rs. 1,80,000 until FY 2018-19).

  3. Jan 16, 2024 · Learn about the TDS provisions for rent payments under different sections of the Income Tax Act. Find out the limits, rates, exemptions, and special cases for TDS on rent.

    • TDS Rates in India. The following tables list the various TDS rates applicable to resident and non-resident payments as well as TDS rates on domestic and foreign companies in India.
    • TDS Rate Charts for the FY 2023-24. Section. Deductee* Nature of transaction. Threshold Limit (Rs) TDS Rate. 192. R, NR. Payment of salary. Basic exemption limit of employee.
    • Union Budget 2023 New TDS Provisions. Section 194BA – TDS on online gaming. Starting from April 1, 2023, TDS will be deducted on income earned from online gaming.
    • Overview of TDS Rate Chart for the FY 2023-24. Section. Nature of transaction. TDS Rate. 192. Payment of salary. Normal Slab Rates. 192A. Premature withdrawal from EPF.
  4. Feb 8, 2024 · Learn how to calculate and pay TDS on rent, and what are the deduction limits and exemptions under Section 80GG. Find out the latest updates on TDS on rent for 2024-25 and the expected changes in the Interim Budget.

    • Research Analyst
    • 8 min
  5. Learn about the tax deduction at source (TDS) on rent under Section 194I of the Income Tax Act. Find out the TDS rates, exemptions, and how to calculate TDS on rent for different types of assets and situations.

  6. Jul 26, 2019 · Learn about the provisions of TDS on rent under section 194I of the Income Tax Act, 1961, which covers the meaning of rent, rate of TDS, threshold exemption limit, and circumstances of exemption. Find out the FAQs and important clarifications on TDS on rent.

  7. Jun 11, 2024 · Learn about the different sections of the Income Tax Act that apply to TDS on rent payments in India. Find out the rates, thresholds, exemptions, and penalties for each section.

  1. People also search for