Mistakenly Paid 5% TDS Instead of 2%? Here's How to Claim a Refund via TRACES

CA.Sangam Aggarwalpro badge , Last updated: 30 April 2025  
  Share

Introduction In the financial year (FY) 2024-25, a change in the applicable TDS rate on rent under Section 194-IB created confusion among many tenants and property managers. Specifically, if rent payments after October 1, 2024, are subject to a reduced TDS rate of 2% instead of 5%, but you mistaken

You have reached daily limit of 2 Free Articles. To view this or other Articles please subscribe to CCI PRO :

GST Plus

Stay updated! Stay ads free

Browse CAclubindia ads free.
Latest updates on WA.
Daily E-Newsletter and much more.

CCI PRO annual subscription :

Original Price : INR 2999/-

Offer Price : INR 1999/-

Duration : 1 year
(Prices Inclusive of GST)


Know More

Note: If you are a PRO member already, please click here to login (for ad free experience)

CCI Pro

Published by

CA.Sangam Aggarwal
(Professional)
Category Income Tax   Report

Other Articles  
Comment   Share
  2619 Views
Comments

Related Articles


Loading


Popular Articles




CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Trending Online Classes

view all classess

Follow us

CCI Articles

You can also submit your article by sending to article@caclubindia.com

submit article

Browse by Category