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of <h1>When to Deduct TDS on Rent: Rules under Sections 194-I and 194-IB for Monthly Rent over Rs.50,000</h1> Sections 194-I and 194-IB of the Income-tax Act govern tax deduction at source on rent. Section 194-I requires any person (other than specified individuals or HUFs) to deduct tax when rent paid or payable to a resident exceeds Rs.50,000 per month or part of a month in a financial year. Section 194-IB requires specified individuals or HUFs to deduct tax on rent exceeding the same Rs.50,000 monthly threshold. Both provisions apply to rent paid or payable to resident recipients.
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