Tag Archives: tds on rent limit

Section 194I Income Tax TDS on Rent I Complete Guide

By | October 7, 2018

Section 194I Income Tax  TDS on Rent Section 194I Income Tax Act deals with TDS on Rent . It is to be noted that for an Individual and HUF whose turnover from business does not exceeds Rs 1 crore in case of Business and Rs 50 Lakh in case of profession during the financial year… Read More »

Section 194IB  Income Tax Act 1961 : Payment of rent by certain individuals or Hindu undivided family

By | June 1, 2017

Section 194IB  Income Tax Act, 1961 – FA, 2018 Summary of Section 194IB Income-tax Act 1961  Section 194IB of Income Tax act Inserted by the Finance Act, 2017, w.e.f. 1-6-2017. Section 194IB  Income Tax Act 1961 1[Payment of rent by certain individuals or Hindu undivided family. 194-IB. (1) Any person, being an individual or a Hindu undivided… Read More »