Tds on rent paid to two persons

If the tenent pays total rent of Rs.80K,he pays to two persons of family Rs. 40K each then is tds applicable?
Replies (1)

 The tenant pays a total rent of ₹80,000, split equally between two family members, ₹40,000 each.

_TDS Applicability:_ As per Section 194-I of the Income-tax Act, 1961, TDS is applicable on rent payments exceeding ₹2,40,000 per annum

. _In this case:_ Since the rent payment to each individual is ₹40,000, which is below the threshold of ₹2,40,000

, TDS is not applicable.

_However:_ If the total rent payment of ₹80,000 were made to a single person, TDS would still not be applicable, as the threshold of ₹2,40,000 is not exceeded.

_Important Point:_ It's essential to note that TDS applicability can vary depending on individual circumstances.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
28 August 2026
Assistant Manager

NRS AND ASSOCIATES

Kozhikode

CA Inter

View Details
Company
15 September 2026
Client-site CA associate

Aditya Muley and Co

Mumbai

CA

View Details
Company
04 September 2026
CA inter Or ca finalist

A Jaiswal and company

Lucknow

CA Final

View Details
Company
ARTICLESHIP 16 September 2026
Article Assistant

MANUJ SHARMA AND COMPANY

Noida

CA Inter

View Details
Company
ARTICLESHIP 01 September 2026
Article Assistant

SGNG & Associates

New Delhi

CA Inter

View Details
Company
08 September 2026
Audit Executive

Thammana & Associates

Srikakulam

B.Com

View Details
Company
Featured 12 September 2026
Assistant Manager - Finance & Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
09 September 2026
Chartered Accountant

Aviv Global Private Limited

Ahmedabad

CA

View Details