TDS on Rent in India: Navigating Form 26QC and Avoiding Penalties
It’s easy to overlook, but a simple TDS (Tax Deducted at Source) mistake cost one tenant a hefty Rs 1 lakh fine, even though he was regularly paying Rs 55,000 in monthly rent. This serves as a crucial reminder for anyone renting property in India. The Costly Oversight Abhishek, a tenant, found himself in hot … Read more