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).