Hi, until March 2026, each month I had been deducting the TDS under section 195, from rent paid to my landlord who is a non-resident, at the rate 31.2% (30% + 4% cess). Every quarter, I had been filing form 27Q as well. From 1st April 2026, the Income tax Act 2025 has come into effect and I am not able to understand the following.
- Under which section, sub-section should I deduct the TDS for rent paid to my landlord who is a non-resident
- The rate of TDS.
It will be of much help if someone can respond to my query. Thank you.
CAclubindia
