ITDS on rent paid to partner u/s.194T
This query is : Resolved
Mahabir Prasad Agarwal
(Querist)
07 May 2026
If a partnership firm pays rent to his partner exceeding Rs.50000/- p.m., whether TDS is applicable U/s. 194T ?
07 May 2026
TDS is applicable on rent paid to a partner, but it is typically governed by Section 194-I or 194-IB rather than Section 194T. For a rent of ₹50,000 per month (₹6,00,000 per annum), the firm must deduct TDS at the applicable rates (10% for Section 194-I or 5% for Section 194-IB).
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