Income Tax Alert! | Tenant Fined ₹1 Lakh for Not Deducting TDS on Rent! | Jasmeet Chhabra #shorts

The Income Tax Department recently fined a renter ₹1,00,000 for failing to deduct TDS from rent. You need to be aware of this guideline if you rent a home and spend ₹50,000 or more a month.

In the video, we clarify:
- Why and when tenants are required to deduct 2% TDS
- What is Income Tax Act Section 271H?
- How to issue Form 16C and fill out Form 26QC
- Detailed instructions on the TIN NSDL portal
- Documents that the landlord and renter must have
- How to pay online with a debit card, UPI, or Net Banking

📌 Don't let a simple mistake cost you ₹1 lakh.

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Видео Income Tax Alert! | Tenant Fined ₹1 Lakh for Not Deducting TDS on Rent! | Jasmeet Chhabra #shorts канала Jasmeet Chhabra