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TDS on rent

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This query is : Resolved

Mohammed Salih K (Querist)
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08 April 2011 Hi,

I have a doubt about tds on rent

one of our client, who paying rent above 1.80 L , was not deducted tax

But they deducted in march tax on total amount
then, the owner told that they will pay tax on their rental income while filing their return, and no need for tds, and he will give a declaration if required on this matter

Is it allowable?

Is there such option in Income tax

Pls give me right answer

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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08 April 2011 The tenant has to deduct tax as per section 194I of the Income tax Act,1961. If the land lord do not seek such deduction, he/ she has to obtain a certificate of no deduction / deduction at a lower rate from his /her income tax Officer and upon production of that certificate the tenant can act accordingly. No other documentation is possible according to law for no deduction.

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