Non-resident Indians (NRIs) commonly invest in real estate in India, and rent it out. If your landlord happens to be an NRI, make sure you deduct tax at source (TDS) each month from the rental payment ...
When a young Mumbai-based couple bought an apartment from a seller who resides outside India, they ensured that they fully complied with the rules on tax deducted at source (TDS). When a young ...
Existing TDS provisions on rent paid Tax deduction at source (TDS), is a process in which the payer of the income, pays you the income after deducting tax at the prescribed rates. The existing R ...
Since a few years now, the Income Tax (IT) Department has been making protocols with respect to realty transactions, making it much more stringent. From registering rental agreements with the correct ...
The government last year introduced Section 194IB of the I-T Act, which makes it mandatory that individuals and HUFs who are paying rent of more than Rs 50,000 per month have to deduct 5% of the rent ...
A salaried professional, Abhishek, received a shock when he was hit with an income tax notice demanding a penalty of Rs 1,00,000 for failing to deduct Tax Deducted at Source (TDS) on his monthly rent ...
Giving some reprieve to corporate houses working out of leased property, the finance ministry has said tax deducted at source (TDS) on rental income should be calculated on the amount of rent paid, ...
TDS on rent is applicable for both rented-out commercial and residential properties. The government through the Union Budget 2017 (applicable to FY 2017/18) had inserted a new Section 194-IB to the ...
Non-resident Indians (NRIs) commonly invest in real estate in India, and rent it out. If your landlord happens to be an NRI, make sure you deduct tax at source (TDS) each month from the rental payment ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback