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If TDS Credited under Section 194I(b) then under which head it need to be shown under income tax ( winman Software).

If TDS Credited under Section 194I(b) then under which head it need to be shown under income tax ( winman Software).

Reply: AS per Sec 194-IB. Any person, being an individual or a Hindu undivided family (other than those referred to in the second proviso to section 194-I), responsible for paying to a resident any income by way of rent exceeding fifty thousand rupees for a month or part of a month during the previous year, shall deduct an amount equal to five per cent of such income as income-tax thereon.

Thus Income has to been shown  under head Income from House property head.

Posted Date: Jul 31, 2020
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