"They caught a ₹4.2L deduction my previous CA had missed for three years straight. Refund came through in 11 days."
Income TaxIndividual
TDS on Rent (Section 194-IB) Calculator
Individuals/HUFs paying rent above ₹50,000/month must deduct TDS at 2% (with PAN) once a year in the last month. Compute the deduction here.
Your inputs
₹75,000
₹
12 for full year; less if tenancy started mid-year.
Without PAN, TDS rate jumps to 20% (capped at last month's rent).
Result
- Annual rent
- ₹9,00,000
- TDS rate
- 2%
- TDS to deduct (in last month)
- ₹18,000
- Net to landlord (over the year)
- ₹8,82,000
Reviewed by CA team
Estimates only — rules change frequently. Please verify with a CA before you file, invest, or sign anything.
Assumptions
- Section 194-IB applies only to individuals/HUFs not subject to tax audit u/s 44AB.
- Rate is 2% from 01-Oct-2024 (reduced from 5%) — assumes PAN furnished.
- Without PAN, rate is 20% capped at one month's rent.
Net to landlord vs TDS
How this is calculated
Reviewed by CA teamApplies only when monthly rent > ₹50,000 AND payer is an individual / HUF not under tax audit.
Annual TDS = Annual rent × 2% (PAN available)
or × 20%, capped at last month's rent (PAN not available)
Deduct once in March (or last month of tenancy if earlier) and deposit via Form 26QC within 30 days.Need this done properly?
Income Tax Return Filing
End-to-end ITR preparation, review and filing for salaried, business, capital gains and NRI cases.
Frequently asked questions
Related calculators
"Monthly GST reconciliation used to eat two days. With Aurum Vista's process it's a 30-minute review call."
"Returning from Singapore after 8 years — they mapped residential status, FCNR treatment and DTAA in one call. Zero surprises at filing."