pvtltd.co

TDS Rate Chart Section 194-IB — TDS on Rent Paid by Individuals & HUF

Section 194-IB — TDS on Rent Paid by Individuals & HUF

Income Tax Act 1961 — s.194-IB · ITA 2025 — s.393 + 397 + 402

2% TDS by individuals/HUF (not covered by s.194-I) paying rent above ₹50,000 per month — deducted once a year from the last month's rent, no TAN needed.

Rate and threshold

ConditionRate
All qualifying rent2%
Threshold
₹50,000 per month or part of a month
Timing of deduction
Once per FY — at credit/payment of rent for the last month of the year (or last month of tenancy if vacating earlier). Deposited via Form 26QC within 30 days of the month of deduction; certificate in Form 16C. No TAN required.
Who deducts
Individual or HUF not required to deduct under s.194-I
Payee
Resident landlord

Rate history

PeriodValueAmended by
Until 30 Sep 20245%
From 1 Oct 20242%Finance (No. 2) Act 2024

What this section covers

Rent for land or building (or both)

Worked example

Salaried tenant pays ₹60,000/month for full FY

Annual rent ₹7,20,000 × 2% = ₹14,400, deducted from March rent and deposited via Form 26QC.

TDS is capped at the last month's rent where the landlord's PAN is unavailable and 20% applies (s.206AA cap).

Under the Income Tax Act 2025

From 1 April 2026, s.194-IB of the 1961 Act maps to s.393 + 397 + 402 of the Income Tax Act 2025 (split mapping, per the official CBDT concordance). Consolidated into the s.393 TDS table; compliance/reporting in s.397 under the ITA 2025.

Full 1961 → 2025 mapping for s.194-IB

Frequently asked questions

Do I need a TAN to deduct under 194-IB?

No — s.194-IB(3) dispenses with TAN. Deposit is PAN-based through Form 26QC.

I vacated mid-year — when do I deduct?

From the rent of the last month of the tenancy, on the full rent paid during the year.

Related sections