Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Section 194IB: Deduct TDS at 2% with no surcharge or cess; capped at last month's rent or tenancy end rent</h1> Tax under section 194IB must be deducted at 2%, and this rate is not increased by surcharge or health and education cess. The deduction in any case cannot exceed the amount of rent payable for the last month of the financial year or, if tenancy ends earlier, the rent for the month in which the tenancy is terminated; thus the actual deduction is limited to that final month's rent.