TDS on rent: individuals and HUFs must withhold tax on high-value rent when credit or payment occurs. TDS on rent requires individuals and Hindu undivided families paying rent above the statutory threshold to deduct tax at the prescribed rate. The obligation covers payments called rent under lease, sub-lease, tenancy or other use agreements for land or buildings. Deduction must be made when rent is credited for the last month of the previous year or last month of tenancy, or at payment, whichever is earlier. The usual return-filing obligation does not apply to such deductors, and identification-linked deduction rules limit the deductible amount to the last month's rent.