194IB - Time Bomb on Landlords and Tenants

CA Pradeep Kumar Rajput , Last updated: 20 February 2018  
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Finance Act 2017 dropped a bomb on the normal rent paying individuals in the form of section 194IB where an Individual HUF paying a monthly rent of Rs. 50000 or above has to deduct the TDS at the rate of 5% from the total rent payment during the year, as the 31st March is approaching very fast th

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CA Pradeep Kumar Rajput
(CA/CS/CMA)
Category Income Tax   Report

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