TDS on Rent on joint property

• If the monthly rent received by any individual co-owner exceeds Rs 50,000, TDS is required to be deducted only on that co-owner’s share.

• Conversely, if each co-owner’s individual share is Rs 50,000 or less per month, then no TDS is required under Section 194-IB, even if the total rent for the whole property exceeds Rs 50,000 per month.

• The law specifically applies the threshold separately to each joint owner, so TDS liability depends on the amount paid to each person/owner—not the aggregate.

If the recipient of rent is hhe same. TDS NEEDS TO BECDEDUCTED

Chillum level gone high. Even fingers are moving wrongly

Thank you very much,Sir.

You are welcome.