TDS on Rent ₹12 लाख/year (₹1L/month) — Section 194I

TDS under Section 194I (Rent): On a payment of ₹12,00,000, TDS @ 10% = ₹1,20,000. Net amount received = ₹10,80,000.

TDS Rate

10%

TDS Amount

₹10,000

Net Payment

₹90,000

Without PAN, TDS is deducted at 20% (Section 206AA). Rates: 194J: 10%, 194I: 10%, 194C: 1-2%, 194A: 10%, 194H: 5%. Salary TDS varies — shown as flat 10% estimate.

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