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TDS Guide · FY 2025-26

Section 194-I — TDS on Rent,
Rates & New ₹6L Limit

The TDS rate on rent under Section 194-I, the new ₹6,00,000 annual threshold from Budget 2025, who must deduct, how it differs from Section 194-IB, and the GST-exclusion rule.

Updated for FY 2025-26 Budget 2025 threshold TDS Expert Reviewed
10%Land / building rent
2%Plant & machinery
₹6,00,000New annual threshold
26QQuarterly TDS return
Quick Answer

Section 194-I requires TDS on rent for land, building, furniture or fittings at 10%, and on plant, machinery or equipment at 2%. From 1 April 2025 (Budget 2025) the annual threshold rose from ₹2,40,000 to ₹6,00,000 (₹50,000 a month). The deductor is any payer other than an individual/HUF below the tax-audit limit — such payers may fall under Section 194-IB instead. TDS is deducted on rent excluding GST.

Land / building 10%
Plant / machinery 2%
Threshold ₹6,00,000
GST on rent Excluded
FY 2025-26

Section 194-I — Rates & Threshold

The rate depends on what is rented. The threshold is checked per payee (landlord) per financial year, aggregating all rent to that landlord — not per property or per agreement.

Asset rentedTDS rateAnnual thresholdPayee
Land / building / furniture / fittings10%₹6,00,000Resident only
Plant / machinery / equipment2%₹6,00,000Resident only
Payee has no PAN (Sec 206AA)20%₹6,00,000Resident

Threshold raised from ₹2,40,000 to ₹6,00,000 w.e.f. 1 April 2025 (Finance Act 2025). Rent to a non-resident landlord is covered by Section 195, not 194-I. TDS applies on rent net of GST (CBDT Circular 23/2017).

New ₹6 lakh limit — a real change for FY 2025-26

Until FY 2024-25 the threshold was only ₹2,40,000 a year. From 1 April 2025 it is ₹6,00,000 (₹50,000/month). Many small commercial tenants and firms paying moderate rent are now outside 194-I. Note: once rent to a landlord crosses ₹6,00,000 for the year, TDS applies on the whole amount, not just the excess.

Deductor side

Who Must Deduct TDS Under 194-I?

The duty to deduct falls on any person paying rent, except an individual or HUF whose accounts are not required to be audited under Section 44AB. In practice the following must comply with 194-I:

  • Companies (public or private)
  • LLPs, partnership firms, AOPs, BOIs, trusts
  • Individuals & HUFs whose turnover/receipts exceed the tax-audit limit (₹1 crore business / ₹50 lakh profession, or ₹10 crore where 95%+ digital)
  • Co-operative societies and local authorities

Individuals and HUFs below the audit limit who pay rent above ₹50,000 a month deduct under the separate Section 194-IB at 2% instead — using their PAN, no TAN needed.

Rent excludes GST for the TDS base

Per CBDT Circular 23/2017, TDS under 194-I is computed on the rent exclusive of GST. If rent is ₹1,00,000 and GST at 18% is ₹18,000, TDS at 10% applies only on ₹1,00,000 = ₹10,000. The GST is not part of the payee's income.

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Comparison

Section 194-I vs Section 194-IB

10%

Section 194-I

  • Deductor: companies, LLPs, firms, trusts; individuals/HUF under audit
  • Threshold: ₹6,00,000 per year (Budget 2025)
  • 10% land/building/furniture · 2% plant/machinery
  • Deduct at credit or payment, whichever earlier
  • TAN required · deposit via Challan 281 · file 26Q · Form 16A
vs
2%

Section 194-IB

  • Deductor: individuals & HUF NOT under tax audit
  • Threshold: ₹50,000 per month
  • 2% (reduced from 5% w.e.f. 1 Oct 2024)
  • Deduct in last month of tenancy or on vacating
  • No TAN — use PAN · Challan-cum-return 26QC · Form 16C
FeatureSection 194-ISection 194-IB
Who deductsCompanies, firms, trusts; ind./HUF under auditIndividuals & HUF NOT under audit
Threshold₹6,00,000 per year₹50,000 per month
Rate — land/building10%2%
Rate — machinery2%N/A
TAN neededYesNo · use PAN
Deposit / returnChallan 281 · Form 26QChallan 26QC
TDS certificateForm 16AForm 16C
Worked example

How Much TDS on ₹1 Lakh Monthly Office Rent?

A private company pays ₹1,00,000/month (₹12,00,000/year) as office rent to a resident landlord, plus 18% GST.

Monthly deduction (194-I)

Rent (excl. GST)₹1,00,000
GST @ 18% (excluded)₹18,000
TDS rate10%
TDS each month₹10,000

Full-year position

Annual rent₹12,00,000
Above ₹6,00,000 thresholdYes
Net paid to landlord₹11,80,000
TDS for the year₹1,20,000
If you skip the deduction

Failure to deduct makes you an assessee-in-default under Section 201: 30% of the rent can be disallowed as expense under Section 40(a)(ia), interest runs at 1% per month (deductible-to-deducted) and 1.5% per month (deducted-to-deposited), and a penalty equal to the TDS can be levied under Section 271C.

Compliance

TAN, Deposit & Return Filing

  • Obtain a TAN if you do not already hold one
  • Deduct TDS at credit or payment of rent, whichever is earlier
  • Deposit by the 7th of the next month (30 April for March)
  • File quarterly return in Form 26Q on TRACES
  • Issue Form 16A to the landlord within 15 days of the return due date
  • Deduct on rent net of GST; use 20% where the payee has no PAN
Special cases

Sub-let, Hotels & Machinery

  • Sub-let rent — a sub-tenant paying an intermediate landlord deducts under 194-I/194-IB; the tenant's own TDS on rent to the owner is a separate obligation.
  • Hotels & guest houses — usually a service under Section 194-C (2%); only a fixed, regular room-block arrangement is treated as rent under 194-I.
  • Plant & machinery — cranes, generators, leased vehicles and equipment attract the lower 2% rate; short-term hire under a works contract may fall under 194-C.
  • Warehouse / cold storage — treated as rent for the building at 10% unless it is a composite service contract.
Income-tax Act, 2025 — new numbering

From AY 2026-27 the Income-tax Act, 2025 renumbers the 1961 Act. The rent-TDS provision of Section 194-I now sits in the new Act, but the familiar "194-I" reference, the 10%/2% rates and the ₹6,00,000 threshold are unchanged — search and departmental forms still use 194-I.

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Government sourcesAct & rules: incometax.gov.in · Threshold ₹6,00,000: Finance Act 2025 (w.e.f. 1 Apr 2025) · 194-IB rate 2%: Finance (No.2) Act 2024 (w.e.f. 1 Oct 2024) · GST exclusion: CBDT Circular 23/2017
People also ask

Section 194-I — Frequently Asked Questions

Rates & threshold
What is the TDS rate under Section 194-I for FY 2025-26?
TDS under Section 194-I is 10% on rent for land, buildings, furniture or fittings, and 2% on rent for plant, machinery or equipment. These rates are unchanged for FY 2025-26 (AY 2026-27). Where the landlord has not furnished a PAN, TDS is deducted at 20% under Section 206AA.
What is the new 194-I threshold after Budget 2025?
From 1 April 2025 the annual threshold under Section 194-I was raised from ₹2,40,000 to ₹6,00,000 (₹50,000 per month) by the Finance Act 2025. No TDS is required if total rent to a landlord in the financial year does not exceed ₹6,00,000. Once it crosses ₹6,00,000, TDS applies on the entire rent, not just the excess.
Is the ₹6 lakh threshold per property or per landlord?
Per landlord (payee) per financial year. You aggregate all rent paid to the same landlord across every property and agreement. If the combined rent for the year exceeds ₹6,00,000, TDS applies; if it stays at or below ₹6,00,000, no TDS is required.
How much is TDS on ₹1 lakh monthly commercial rent?
For ₹1,00,000 per month (₹12,00,000 a year) of building rent, TDS at 10% is ₹10,000 each month, or ₹1,20,000 for the year. TDS is computed on the rent excluding GST, so an 18% GST of ₹18,000 does not add to the TDS base. The landlord receives ₹11,80,000 net for the year.
194-I vs 194-IB
What is the difference between Section 194-I and Section 194-IB?
Section 194-I applies to companies, LLPs, firms, trusts and to individuals/HUF who are under tax audit, with a ₹6,00,000-per-year threshold and rates of 10% (land/building) and 2% (machinery). Section 194-IB applies to individuals and HUF who are NOT under tax audit, with a ₹50,000-per-month threshold and a flat 2% rate (reduced from 5% w.e.f. 1 October 2024). 194-I needs a TAN and Form 26Q; 194-IB uses PAN and Form 26QC.
Do individuals paying rent have to deduct TDS under 194-I?
Only if the individual (or HUF) is subject to tax audit under Section 44AB — then 194-I applies. An individual/HUF below the audit limit does not use 194-I; if their rent exceeds ₹50,000 a month they deduct 2% under Section 194-IB instead, using their PAN with no TAN required.
Is TDS deductible on commercial property rent under 194-I?
Yes. Section 194-I covers rent for use of land, building, furniture or fittings, which includes commercial premises such as offices, shops and warehouses. The rate is 10%, and it applies where the deductor is a company, firm, or an individual/HUF under audit and rent to the landlord exceeds ₹6,00,000 a year.
GST & special cases
Is TDS under 194-I deducted on the GST component of rent?
No. Per CBDT Circular 23/2017, TDS under Section 194-I is deducted on the rent amount excluding GST, because GST is collected by the landlord on behalf of the government and is not the landlord's income. If rent is ₹1,00,000 and GST at 18% is ₹18,000, TDS at 10% applies only on ₹1,00,000.
Does 194-I apply to hotel or guest-house payments?
Usually not. Payments to hotels and guest houses are generally for services and fall under Section 194-C at 2%. Section 194-I applies only where the arrangement is effectively rent — for example a company paying a fixed monthly sum for a regular block of reserved rooms — in which case 10% applies.
What is the TDS rate on rent of plant and machinery?
2% under Section 194-I. Rent for plant, machinery or equipment — cranes, generators, computers, long-term leased vehicles and industrial machinery — attracts 2%, lower than the 10% on land and buildings. Short-term equipment hire under a works contract may instead fall under Section 194-C.
Is rent paid to a non-resident landlord covered by 194-I?
No. Section 194-I applies only to rent paid to a resident. Rent to a non-resident landlord is covered by Section 195, which has its own rates (often higher and subject to the applicable tax treaty), and requires a Form 15CA/15CB before remittance.
Compliance & exemptions
Can a landlord submit Form 15G or 15H to avoid TDS under 194-I?
No. Form 15G/15H apply to interest income and a few other sections, not to rent under Section 194-I. A landlord who wants a lower or nil deduction must apply to the Assessing Officer for a certificate under Section 197, which the tenant must then honour.
What happens if TDS is not deducted on rent under 194-I?
The payer becomes an assessee-in-default under Section 201. Consequences include disallowance of 30% of the rent as expense under Section 40(a)(ia), interest at 1% per month from when TDS was deductible to when it was deducted and 1.5% per month until deposit, and a penalty equal to the TDS under Section 271C.
When must 194-I TDS be deposited and which return is filed?
Deduct at credit or payment of rent, whichever is earlier, and deposit by the 7th of the following month (by 30 April for March deductions) using Challan 281. File the quarterly TDS return in Form 26Q on TRACES and issue Form 16A to the landlord within 15 days of the return due date.
Is TDS deducted when advance rent or a security deposit is paid?
Advance rent that is adjustable against future rent is subject to TDS under Section 194-I in the year it is paid or credited, whichever is earlier. A refundable security deposit that is not adjusted against rent is not treated as rent and is outside 194-I; if it is later adjusted against rent, TDS applies at that point.
Does Section 194-I still exist under the Income-tax Act, 2025?
Yes in substance. The Income-tax Act, 2025 renumbers the 1961 Act from AY 2026-27, but the rent-TDS provision carries the same 10%/2% rates and the ₹6,00,000 threshold. The commonly used "194-I" reference continues in practice, on the portal and in departmental forms.
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TDS on Rent — Deduction, 26Q & Form 16A Sorted

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