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    <title>Amendment of section 194-I</title>
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    <description>Persons (other than individuals and Hindu undivided families) responsible for paying rent to a resident need not deduct tax at source where the income by way of rent credited or paid for a month or part of a month to the account of, or to, the payee does not exceed the new monthly exemption threshold; the timing rule for deduction-at credit or payment, whichever is earlier-continues to apply for amounts above the threshold.</description>
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      <description>Persons (other than individuals and Hindu undivided families) responsible for paying rent to a resident need not deduct tax at source where the income by way of rent credited or paid for a month or part of a month to the account of, or to, the payee does not exceed the new monthly exemption threshold; the timing rule for deduction-at credit or payment, whichever is earlier-continues to apply for amounts above the threshold.</description>
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