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Renters and Landlords Take Note: Income-Tax Act Revamps Rental Deductions
Explore recent ITA changes for rental income and tax deductions. New TDS rates: 2% for equipment, 10% for property. Exemption for rent below Rs. 1.8 lakh, but high earners must deduct TDS. 'Rent' definition broadened. Compliance is key for all.
Read Our Detailed article in the below link 👇- https://www.mygstrefund.com/Renters-Landlords-Income-Tax-Act-Revamps-Rental-Deductions/
THANKS FOR READING! We provide GST refund solutions for customers.
To know more please visit: www.mygstrefund.com Join Our Community: community.mygstrefund.com Contact Us: +91 9205005072 Mail- [email protected]
#ITARentalChanges#TDSonRent#RentDeductions#TaxCompliance#EquipmentTDS2%#PropertyTDS10%#RentExemption18Lak#RentBelow18Lakh?
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