Tag Archives: 194IB

194IB -TDS on Rent w.e.f 01.06.2017 in case of Individual and HUF not liable for Audit

By | June 2, 2017

Section 194IB of Income Tax Act [ TDS on Rent w.e.f 01.6.2017 ] [ Section 194IB of Income Tax Act – Deduction of tax at source on Rent in the case of certain Individuals and Hindu undivided family] If you are paying Rent in India , then you  must have been confused whether you needs… Read More »

194IB TDS on what portion of Rent ? if rent increased to 50000 p.m during the year – Budget 2017-18 Suggestions

By | March 4, 2017

Suggestions on Clause 63 of Finance Bill 2017 – Section 194-IB – Requirement of tax deduction at source by individuals/HUFs paying monthly rent exceeding Rs.50,000 – Enabling measures to facilitate ease of compliance to be introduced & issue of clarification regarding the amount on which tax has to be deducted at source in a situation… Read More »