Threshold for rent TDS requires deduction when monthly rent exceeds the statutory limit; joint owners assessed individually. Deduction under section 194-I is required when rent paid or payable for any month or part of a month exceeds Rs. 50,000. For joint owners with definite and ascertainable shares, the Rs. 50,000 threshold applies to each owner individually, so the payer must assess tax deduction obligations on each owner's share.