1. TDS on Rent u/s 194IB deducted at the time of payments or credited in the books of accounts, which ever is erlier.
2. If you are crediting or Paying Rent on Monthly basis then you have to deduct TDS montly wise.
Nikunj Shiyani
(Executive)
(124 Points)
Replied 07 June 2018
1. TDS on Rent u/s 194IB deducted at the time of payments or credited in the books of accounts, which ever is erlier.
2. If you are crediting or Paying Rent on Monthly basis then you have to deduct TDS montly wise.