TDS Calculator on Rent — Section 194I
TDS on Rent is 10% under Section 194I. Threshold: ₹2.40 L.
TDS Amount (Section 192)
₹50,000
Net Amount
₹4.50 L
TDS Rate
10%
Threshold
₹2.50 L
💡 TDS on Rent — Section 194I
TDS on rent is deducted at 10% under Section 194I of the Income Tax Act. The deduction is applicable only when the payment exceeds ₹2.40 L per year.
Example: On ₹6 L rent, TDS = 10% × ₹6 L = ₹60,000. Net amount received: ₹5.40 L. Without PAN, TDS increases to 20%. The deducted TDS can be claimed as credit when filing your ITR.
Rent: 10% TDS (Section 194I) above ₹2.40 L. On ₹6 L → TDS: ₹60,000 | Net: ₹5.40 L.