Hi friends ,
An employee is paying rent of Rs.20000/- p.m and submits the same for HRA calculation.
For Deduction of TDS by tenant the limit is Rs.180000/- p.a or 15000/- p.m under sec 194I .Since he is an individual he needs not deduct TDS from rent payment.
But my doubt is ,does he needs to sumbit any other details ,relating to owner ,to employer like PAN of owner and any other bcz my senior has limited rent paid by employee to 15000/- p.m for HRA calculation even though they submits the bills for 20000/- p.m
CAclubindia
