Tds on rent by individuals/huf - reg

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Querist : Anonymous

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Querist : Anonymous (Querist)
24 November 2017 Individuals and HUF paying rent exceeding Rs.50000 per month need to deduct TDS @ 5%, once in a year, sec. 194IB. Kindly clarify whether monthly TDS shall be made and remitted to Govt Account, like other TDS remittances

27 November 2017 No. It can be made once only at the end of Financial year .



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