TDS on Rent – Chartered Accountant Services
Expert CA Support for TDS Compliance on Rent Payments
TDS on rent is a mandatory tax compliance under the Income Tax Act applicable to individuals, businesses, and other entities making rental payments. Non-deduction or incorrect filing can result in interest, penalties, and notices.
N D Savla & Associates provides end-to-end TDS on Rent services, ensuring accurate deduction, timely deposit, and correct filing in accordance with the law.
What Is TDS on Rent?
TDS on rent is governed by Section 194-I and Section 194-IB of the Income Tax Act.
Tax is deducted at source by the tenant while making rent payment to the landlord.
The obligation to deduct and deposit TDS lies with the tenant.
Applicable to residential and commercial properties, depending on the section.
TDS on Rent – Applicability & Rates
Section 194-I (Business / Professional Tenants)
Applicable when annual rent exceeds ₹2.40 lakh
TDS rate:
10% on rent for land, building, furniture, or fittings
2% on plant and machinery
TAN is required
Monthly TDS deposit and quarterly returns
Section 194-IB (Individuals / HUF – Non-Audit Cases)
Applicable when monthly rent exceeds ₹50,000
TDS rate: 5%
No TAN required
TDS deducted once in a financial year or at tenancy end
Filing through Form 26QC
Our TDS on Rent Services
We provide complete assistance, including:
Applicability assessment under correct section
Calculation of TDS on rent
Assistance in obtaining TAN (if applicable)
Filing of Form 26QC / TDS returns
Generation of Form 16C (TDS certificate)
Compliance calendar and due date monitoring
Rectification of errors and notice handling
Our focus is on accuracy and timely compliance.
Who Needs CA Support for TDS on Rent?
Businesses and professionals paying office rent
Individuals paying high-value residential rent
Tenants dealing with multiple landlords
NRIs renting out property in India
Entities receiving TDS notices for rent payments
Professional support avoids penalties and compliance gaps.
Why Choose N D Savla & Associates?
Experienced Chartered Accountants
Strong understanding of TDS laws and procedures
Accurate filing and documentation
Clear guidance and transparent process
Trusted compliance partner for individuals and businesses
We ensure rent-related TDS is handled correctly from day one.
TDS on Rent – Online & Pan India Services
Our TDS on rent services are available online across India. Tenants and businesses can complete compliance digitally without visiting tax offices.
FAQs – TDS on Rent
Is TDS applicable on residential rent?
Yes. TDS applies to residential rent under Section 194-IB if the monthly rent exceeds ₹50,000.
Who is responsible for deducting TDS on rent?
The tenant is responsible for deducting and depositing TDS.
Is TAN mandatory for TDS on rent?
TAN is required under Section 194-I but not required under Section 194-IB.
What happens if TDS on rent is not deducted?
Interest, late fees, penalties, and notices may be issued by the Income Tax Department.
Is TDS applicable on GST component of rent?
Generally, TDS is deducted on the rent amount excluding GST, subject to conditions.
Can TDS on rent be deducted annually?
Yes, under Section 194-IB, TDS is deducted once in a year or at the end of tenancy.
