From April 1st, 2025, there are changes to the TDS (Tax Deducted at Source) rules for rented property. For a commercial property rented at Rs 25,000 per month for warehouse/storage, the new regulations mean TDS is no longer required under Section 194I. This means the tenant can transfer the full rental amount without deducting tax.
14 April 2025
Hello, I own a commercial property which is rented for a warehouse/storage unit. Monthly rental is Rs 25,000, with the new budget effective from 1st Apr 2025 (i read about increase in TDS limits for rented property); does the TDS is supposed to be deducted on rent or tenant can transfer the complete rent i.e. Rs 25,000? Thanks!