tds

TDS on Rent

Understanding TDS provisions on rent payments including rates, threshold limits, and compliance requirements.

GetYourCA Team
1 February 2025·Updated 9 April 20261 min read12.5K views

TDS on Rent

TDS Rate on Rent#

Land/Building#

  • 2% if PAN provided
  • 20% if PAN not provided

Plant/Machinery#

  • 2% if PAN provided
  • 20% if PAN not provided

Threshold Limit#

  • ₹2,40,000 per year (₹20,000/month)

When to Deduct TDS#

  • Payment exceeds ₹20,000/month
  • Deduct at time of credit/payment

Certificate#

  • Form 16A from landlord

Conclusion#

Landlords must provide PAN for lower TDS.

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GetYourCA Team

Tax Expert

10+ years experience

Disclaimer

We have taken utmost care to research and write this article for your information. However, tax laws are complex and subject to frequent changes. This article is for general guidance only and should not be considered professional advice. Individual circumstances vary significantly — what works for one person may not apply to another.

Before making any tax-related decisions, we strongly recommend consulting with a qualified Chartered Accountant or tax professional who can assess your specific situation. We do not accept any liability for decisions made based on this information.

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