How and when to deposit tds on house rent


This query is : Resolved 

Quick Summary
This discussion clarifies the process for depositing TDS when house rent exceeds £50,000. The tenant is responsible for deducting TDS at 2% (effective from 1st October 2024) and needs to deposit it by the 7th of the following month. For example, TDS deducted in January for advance rent covering January and February should be deposited by 7th February.

(Querist)
02 February 2025 House rent is more than 50k. So tenant deducted tds @ 2%. How to pay it. Do the tenant need to deposit it every month? Please guide

03 February 2025 TDS at the rate of 5% should be deducted at the last month of the financial year March or the last month of the tenancy of the year

Archana (Querist)
03 February 2025 Tds has been reduced to 2% from 1st Oct 2024. Tenant is paying rent bimonthly in advance I.e paid rent of Jan and Feb in Jan and deducted tds @2%. So when it should be deposited

03 February 2025 It can be deposited on or before 7th February 2025.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
17 September 2026
Chartered Accountant

Dass Gupta & Associates

Gurgaon

CA

View Details
Company
ARTICLESHIP 30 September 2026
CA Article Assistant

CA Suraj Garg & Associates

New Delhi

CA Final

View Details
Company
22 September 2026
Account Assistant

Chirag P Shah & Co. Chartered Accountant

Pune

B.Com

View Details
Company
ARTICLESHIP 15 September 2026
Freelance Taxation Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details
Company
30 September 2026
Senior Accounts Executive

Codeboard Technology

Chennai

MBA

View Details
Company
ARTICLESHIP 16 September 2026
Article Assistant

MANUJ SHARMA AND COMPANY

Noida

CA Inter

View Details
Company
ARTICLESHIP 21 September 2026
CA Article Assistant

KK & Company Chartered Accountant

Pune

CA Inter

View Details
Company
08 October 2026
Accounts and Tax Associate

POOJA R TELI & CO

Pune

CA Inter

View Details