Q.1195 Tenant to withhold 5% TDS on rental of Rs. 50,000 or more
Question: Dear Sir,
I found the following information on your website.
TDS deduction when renting property owned by NRI
The rules of Tax deduction at source {TDS) for rental property in India changed under the budget 2017 proposals.
Effective June 1, 2017,
Kindly reconfirm the date. Is it Jun. 1st 2017 or 1st Apr. 2017
Thanks
Answer: The date June 1, 2017 as mentioned in the article your refer to is correct.
Information
by Virendar Chand
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