TDS Section 194IB — Rent by individual/HUF (not under tax audit)
FY 2025-26 · Rate 2% (reduced from 5% by Finance Act 2024, effective Oct 2024)
What does this section cover?
TDS on rent paid by individual/HUF (not subject to tax audit) when monthly rent exceeds ₹50,000.
Why this section: Salaried/individual tenants paying > ₹50k/month rent must deduct 2% TDS once a year (in March or at vacating) via Form 26QC.
Key facts
- Threshold
- ₹50,000 per month
- Applicable for
- FY 2025-26
- Who deducts
- Individual / HUF tenant (not under tax audit)
- Paid to
- Property owner / landlord
- Statutory source
- Section 194IB, Income Tax Act
Common terms accountants use
If your description mentions any of these, Section 194IB is likely the right answer. The matcher in this tool is a keyword scorer — not an AI classifier — so cross-check borderline cases against the official CBDT TDS rate chart.
Related TDS sections
Other sections in the same series or adjacent. Useful when narrowing down between similar payment categories.
Need a different section?
Describe the payment in plain English — “rent of plant”, “senior citizen interest”, “NRI dividend” — and the matcher will surface the right section.
Search TDS sections →Source: curated from the CBDT TDS rate chart. Dataset snapshot: 2025-04-01. Rates can change between Finance Acts and notifications — verify before deducting.