tds

TDS on Rent

Understanding TDS provisions on rent payments including rates, threshold limits, and compliance requirements.

Alok K Acharya & Associates
1 February 2025·Updated 31 August 20261 min read
TDSRentSection 393Withholding
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TDS on Rent#

TDS Rate on Rent#

Land/Building#

  • 2% if PAN provided
  • 20% if PAN not provided

Plant/Machinery#

  • 2% if PAN provided
  • 20% if PAN not provided

Threshold Limit#

  • ₹2,40,000 per year (₹20,000/month)

When to Deduct TDS#

  • Payment exceeds ₹20,000/month
  • Deduct at time of credit/payment

Certificate#

  • Form 131 from landlord

Conclusion#

Landlords must provide PAN for lower TDS.

Put this into numbers

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Alok K Acharya & Associates

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