Tds on rent paid

Mr Kumar, In case of individual & HUF if they are liable for tax Audit u/s 44AB for the current year then from the subsequent year & onwards they are liable to obtain the TAN and start deducting tax at source on rent.  Also if there are any other expenses that are liable for TDS then TDS shud be made on those also.

Yes the limit for TDS on rent has being increased to 1.80lacs from the previous limit of 1.20lacs.

However if the individual is salaried person then he need not deduct tax on rent.

Hi Kumar

Finally if the individual has TAN he is liable to deduct TDS otherwise no need to deduct tax.

no question of TAN, there is provision that if you are covered under Sec 44AB, liable to deduct TDS if it is not exceeding above 1.8 lac