TDS Deduction under section 194I

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....DS Deduction under section 194I<br> Query (Issue) Started By: - Rajat Gupta Dated:- 2-7-2025 Last Reply Date:- 12-7-2025 Income Tax<br>Got 2 Replies<br>Income Tax<br>If a Private Ltd. Co. has paid ren....

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....t Rs. 30000 for May 2025 and from June onwards it is paying 90000 p.m. does the company liable to deduct TDS on 30000 also as per the new amended provision? Reply By Ramanathan Seshan: The Reply: De....

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....ar sir, As per the amended proviso: TDS is now applied month-wise, not based on annual rent. If in any month, rent paid or credited exceeds ?50,000, then TDS applies only to that month (and subsequ....

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....ent months where rent > ?50K). No retrospective liability for TDS in months where rent was = ?50,000 Regards, S Ram Reply By Harshaditya Kabra: The Reply: No, the company is not liable to deduct ....

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....TDS on the Rs. 30,000 rent paid in May 2025.&nbsp;The amended Section 194I provisions, which change the threshold from Rs. 2.40 lakh annually to Rs. 50,000 per month, apply&nbsp;prospectively from Apr....

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....il 1, 2025&nbsp;and operate on a&nbsp;month-wise basis.<br> Discussion Forum - Knowledge Sharing ....