The Indian Income Tax Act lays down specific rules for deducting TDS (Tax Deducted at Source) on rent payments, especially when rent crosses a certain limit. Many landlords and tenants remain confused ...
If you are claiming a House Rent Allowance (HRA) exemption in your tax returns but haven't deducted and paid the required Tax Deducted at Source (TDS) on your rent, you might receive a notice from the ...