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# highrent

2 posts in `highrent` tag

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Income tax

Scrutiny on Rental Income: Tax Notices for TDS Non-Compliance on High Rent

The Income Tax Department is intensifying its efforts against non-compliance regarding TDS deductions for rental payments that exceed 50,000 per month. Understand Section 194IB, the penalties for failing to deduct, and the procedures to follow when addressing tax notices.
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Income tax

Rental Earnings Being Evaluated: Income Tax Notifications for Non-Withdrawal of TDS on Elevated Rent

The Income Tax Department is intensifying its efforts against non-compliance regarding TDS deductions for rental payments that exceed 50,000 per month. Understand Section 194IB, the penalties for failing to deduct, and the procedures to follow when addressing tax notices.