The Income Tax Department has released a new brochure detailing Tax Deducted at Source (TDS) payment obligations for ...
The landlord's PAN must be mentioned in the TDS challan. However, if the PAN is missing or inactive, the TDS is levied at 20% ...
Taxpayers claiming HRA exemptions but failing to deposit TDS on rent are receiving Income Tax Department notices. Under ...
Tenants must deduct 2% TDS if their monthly rent exceeds ₹50,000, if the landlord is a resident Indian and 31.2% if the ...