TDS on rent, which works differently for individuals and businesses. An individual tenant paying above a monthly threshold has to deduct, which surprises most people renting a home.
Also called: tds on rent 194i, rent tds calculator.
₹36,000 across the year at 5%, or ₹3,000 a month, on ₹7,20,000 of rent. Monthly rent is above the individual threshold, so deduction applies even though you are not a business.
Computed from the published rates for the tax year you selected, which is not necessarily the current year. A calculation, not tax advice, and it does not know anything about your circumstances beyond the figures entered.
This is what the calculation gives for the numbers you entered. It is an estimate, not advice, and it knows nothing about your situation beyond those numbers. Rules for India change on a published schedule; the effective date is shown on every rule-based tool.
A business paying rent deducts at the higher rate once annual rent crosses the annual threshold. An individual not subject to audit deducts at a lower rate once monthly rent crosses a monthly threshold, and this obligation catches ordinary tenants who have no idea it exists. The individual case is deducted once a year rather than monthly, in the last month of the tenancy or the financial year.
TDS on rent = rent * rate, once the threshold for the payer type is crossedEach of these is asserted on every build. If a change to the engine ever moved one of these answers, the build would fail before the page could print it.
TDS for the year₹36,000
5% of 7,20,000, worked by hand
Open this exampleTDS for the year₹72,000
boundary: the two regimes side by side
Open this exampleTDS for the year₹0
degenerate case
Open this exampleFormula version 1.0.0 · definition 1.0.0 · India · Report a problem with this calculator