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Section 194 IB

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(Querist)
12 September 2017 When to deduct and deposit tax under section 194 IB. We pay rent monthly whether we have to deduct TDS every month or at the end of financial year during payment of March rent?
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CMA Ashutosh Kumar Gupta

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CMA Ashutosh Kumar Gupta (Expert)
12 September 2017 Yes to be deducted in the last month and not per month but for entire FY.

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