Tds filling system

tds on rent payment is 7 th of month and quatrerly returns filling.this is the process.
or if any other filling is there or not
Replies (2)
Quick Summary
This discussion clarifies the process for TDS (Tax Deducted at Source) on rent payments. It distinguishes between TDS on residential property rent, governed by Section 194IB, and rent for land/buildings or machinery under Section 194I. The key filing date for TDS on rent is the 7th of the month, with quarterly returns also being a part of the process.

TDS on rent on residential property is governed by the provisions of section 194IB whereas TDS on rent in respect of rent on land/building (other than residential property), plant & machinery are governed by the provisions of section 194I.

194I: https://cleartax.in/s/section-194i-tds-on-rent

194IB: https://cleartax.in/s/section194ib-194ic-under-income-tax-act

Agree with poornima

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