The article explains that individual tenants paying rent above ₹50,000 per month must deduct TDS at 2% under Section 194-IB.

The Income Tax (I-T) Department has introduced Form No. 141, a new consolidated challan-cum-statement that replaces four existing TDS forms—Form 26QB, Form 26QC, Form 26QD and Form 26QE. Form 26QB – ...

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