Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. TDS means tax deducted at source—which ...
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Have You Paid 5% TDS On Rent Instead Of 2%? Step By Step Guide To Claim Refund Via TRACES
New Delhi: Is your house rent more than Rs 50,000? If yes then there’s an important update you should know. Starting October 1, 2024, the TDS (Tax Deducted at Source) on such rent payments has been ...
As a tenant if you are paying a rent for more than ₹50,000 a month, you are supposed to deduct TDS (tax deducted at source) of 2 percent at the time of giving money to the landlord. Before Sept 20, ...
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