TDS deduction under 194I

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380 Points Posted on 29 April 2020
who should deduct tds under rental income received rent payer or rent income recever
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On 29 April 2020 at 20:55 Report
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This discussion clarifies who is responsible for deducting Tax Deducted at Source (TDS) on rental income under Section 194I of the Income Tax Act. The consensus is that the rent payer is always liable for TDS deduction. However, if the rent payer is an individual not covered under tax audit provisions, they are generally not required to deduct TDS on rental payments.

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Partner
152 Points Posted on 29 April 2020

Dear sir,

Tds has to be deducted by the RENT PAYER always.

For more details, kindly drop email to psandac @ gmail.com 

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On 29 April 2020 at 21:01
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380 Points Posted on 30 April 2020
If rent payer is individual then what will do
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On 30 April 2020 at 09:41
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837 Points Posted on 30 April 2020
If rent payer is covered under tax audit then he is liable to deduct TDS on rental payment otherwise no.
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On 30 April 2020 at 12:51

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