I received an email from ITD about not deducting TDS on rent paid under HRA

TDS & TCS TDS Return Forms
, , , ,
24

@Sakshi_Jain @AkashJhaveri Could you guys please help me as well with my doubt?

25

Hey @manpreet ,

As per the laws, if you have paid less than ₹50,000/month to each co-owner of the property then the section 194IB for TDS on rent paid is not applicable to you.

These emails have been sent to all individuals who have claimed HRA indicating that there rent paid per month is more than ₹50,000. Therefore if section 194IB does not apply to you then you do not need to take any action.

If you further receive any query on the same then you can respond to that as per section 194IB.

26

Hi @Sakshi_Jain ,

Few follow-up questions on top of the @Siva_Venkat 's query:

  1. Since this is for a previous FY, what happens if a tenant is not in touch with the landlord? Given taxes were paid by landlord on rent anyway. TDS, late fee, interest all needs to be paid by tenant from his/her money?
  2. In case landlord is in touch and agrees to this, can he/she get the tax refund? and does he/she get interest on that refund as well, if yes?
  3. Given, tax was not deducted by tenant, there are fees and interest on TDS, but why is it happening on an ITR file 2-3 years ago which was processed as well. Can it be challenged legally in case notice is served?