Section 194IB of the Income-tax Act introduces crucial provisions regarding Tax Deducted at Source (TDS) on rent payments. Whether you’re an individual or a Hindu Undivided Family (HUF), it’s essential to grasp the nuances of this section to ensure compliance and avoid penalties. Let’s delve into the key aspects of Section 194IB: 1. What is Section… Continue reading Mastering TDS on Payment of Rent: A Comprehensive Guide to Section 194IB
