Individual or HUF responsible for paying rent exceeding Rs. 50,000 per month to resident required to...

Individual or HUF responsible for paying rent exceeding Rs. 50,000 per month to resident required to deduct 5% TDS u/s 194-IB. Proposed amendment reduces TDS rate to 2% effective October 1, 2024, rationalizing and simplifying taxation of capital gains. .....

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