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TDS on Rent · Section 194I & 194IB

TDS on Rent Section 194I and 194IB — done cleanly.

TDS on rent compliance under Section 194I (for businesses) and Section 194IB (for individuals and HUFs paying high rent) — covering deduction, payment, Form 26QC filing, Form 16C issuance, and end-to-end reconciliation.

TDS on rent runs through two sections. Section 194I applies to any person other than an individual or HUF (or to individuals and HUFs in tax audit) paying rent above the annual threshold — the rate is 10% for land and building, and 2% for plant and machinery. Section 194IB applies to individuals and HUFs not in tax audit who pay rent exceeding ₹50,000 per month — the rate is 2% (revised from 5% effective October 2024).

Both sections have very different mechanics. Section 194I deductors need a TAN, deduct every month, and file quarterly returns in Form 26Q. Section 194IB deductors do not need a TAN — they deduct once a year (or on vacating the property) and file a single challan-cum-statement in Form 26QC, then download Form 16C for the landlord.

Our service covers both regimes — we determine the right section, calculate the deduction correctly, file Form 26QC for individuals and HUFs, issue Form 16C, file 26Q quarterly returns for business deductors, handle non-resident landlord cases under Section 195, and respond to CPC-TDS defaults that arise from rent transactions.

Our Rent TDS Services

01

Section 194I Compliance

Monthly TDS deduction at 10% / 2% for businesses and audit-case individuals paying rent above threshold.

02

Section 194IB Filing

Annual Form 26QC challan-cum-statement for individuals and HUFs paying rent exceeding ₹50,000 per month.

03

Form 16C Generation

Issue of Form 16C TDS certificate to the landlord from the TRACES portal under Section 194IB.

04

Quarterly 26Q for Rent

Inclusion of 194I deductions in Form 26Q quarterly TDS returns for business deductors with TAN.

05

Non-Resident Landlord

TDS under Section 195 for rent paid to non-resident landlords, with TRC and treaty rate application.

06

Lower Deduction Certificate

Assistance to landlords in applying for lower-deduction certificate under Section 197 where eligible.

07

Defaults & Notices

Response to CPC-TDS notices for short deduction, late payment, or late filing of rent-related returns.

08

Reconciliation

Reconciliation of rent TDS in Form 26AS for both deductor's books and landlord's tax return.

How We Handle Rent TDS

1

Lease Review

Review of lease agreement, rent amount, GST split, escalation clauses, and security deposit treatment.

2

Section Selection

Determination of applicable section — 194I, 194IB, or 195 — based on payer and landlord status.

3

Deduction & Payment

Calculation of TDS at correct rate, timely deduction, and challan payment by due date.

4

Statement Filing

Filing of Form 26QC for 194IB or inclusion in Form 26Q quarterly returns for 194I.

5

Certificate & Records

Issue of Form 16C / 16A to landlord and reconciliation in 26AS.

Why Get Rent TDS Right

Avoids late-fee under Section 234E
Prevents penalty under Section 271H
Correct rate application — 10%, 2%, or 5%
Form 26QC and Form 16C handled end-to-end
Non-resident landlord cases covered
Lower-deduction certificate guidance
26AS reconciliation for both parties
Clean record for personal taxation

Frequently Asked Questions

Under Section 194I for businesses if annual rent exceeds the threshold (₹2,40,000), and under Section 194IB for individuals/HUFs not in tax audit if monthly rent exceeds ₹50,000.

Section 194I: 10% on land and building, 2% on plant and machinery. Section 194IB: 2% (revised from 5% effective October 2024) on annual or vacating-date payment.

No. Section 194IB allows TDS to be deposited using your PAN through Form 26QC challan-cum-statement, without obtaining a TAN.

Form 26QC must be filed within 30 days from the end of the month in which TDS is deducted — typically March or the vacating month.

If the landlord is a non-resident, TDS is governed by Section 195 (not 194I or 194IB) and rates depend on the relevant tax treaty and tax residency certificate.

Paying Rent With TDS Liability?

Whether 194I, 194IB, or 195 — we identify the right section, calculate the right rate, file the right form, and issue the right certificate.

Get Rent TDS Done or call +91 9819 000 511