TDS Filing

Form 26QB TDS Filing for Property Transactions

Understanding Form 26QB: TDS on Property Transactions

Form 26QB is a key document for reporting the Tax Deducted at Source (TDS) on property transactions exceeding ₹50 lakh. It ensures that taxes are deducted from the sale consideration when a buyer purchases immovable property, such as land or buildings. This form must be filed within 30 days from the end of the month […]

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TDS on Rent Section 194IB: Tax Deduction on Rent Payments

TDS on Rent as per Section 194IB: A Detailed Guide for Individuals and HUFs

The Finance Act, 2017 introduced Section 194IB, which mandates the deduction of tax at source (TDS) on rent paid by certain classes of taxpayers. This provision specifically applies to Individuals and Hindu Undivided Families (HUFs) making rental payments above a specified threshold. In this blog, we’ll discuss everything you need to know about Section 194IB,

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