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Paying over ₹50,000 rent per month? Here's what tenants must do to avoid income tax penalty, interest

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Paying over ₹50,000 rent per month? Here's what tenants must do to avoid income tax penalty, interest — Sources: livemint.com

Tenants paying high rent must deduct 2% TDS before making the payment to the landlord. Failure to comply can result in penalties and interest charges. Full details here.

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