TDS on payment of rent more than Rs. 50,000 per month by individuals/HUFs



EXISTING LAW There is an existing provision for deduction of TDS (deduction of tax at source) under section 194-I in the Income Tax Act, 1961 for individuals/HUFs, wherever tax audit is applicable. INTRODUCTION OF SECTION 194-IB Now, the Government has widened the scope by introducing a new
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CA Practice

B K Baranwal Company (Chartered Accountants) is a Mumbai (MMR) based CA Firm. We at B K Baranwal are providing services to all kind of entities including Individuals, NRIs, PIOs and HNIs.We are committed to assist our clients for providing effective solutions to Accounting matters, Audit as per standards, Taxation ... Read more

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