INTIMATION OF TDS ON RENT (SECTION 194-IB)
The tenancy concerning __________ commenced on __________.
Date: __________. Tax regime: __________.
For legacy rent events under section 194-IB of the Income-tax Act, 1961, specified individual/HUF tenants paying a resident more than ₹50,000 for a month or part of a month were required to deduct tax; the rate was 2% after 1 October 2024. For rent events on or after 1 April 2026, the Income-tax Act, 2025 and Income-tax Rules, 2026 govern the corresponding withholding and challan-cum-statement process.
Rent period: __________ to __________. Monthly rent: __________. Gross rent: __________.
TDS rate: __________%. TDS amount: __________. Deduction date: __________. Deposit/statement due date: __________.
Landlord PAN: __________. Tenant PAN: __________. Form: __________.
__________ gives this intimation to __________. It does not replace the statutory filing, challan or certificate.
PERSONAL DATA NOTICE
This notice is given under the Digital Personal Data Protection Act, 2023. Personal data in this document is collected only to prepare, file and evidence the rent-withholding tax record, communicate about that purpose, verify the information expressly supplied, and retain an evidentiary record.
The record will be held by __________ and may be shown only to the landlord, tenant, authorised property manager or property consultant involved in this tenancy, a bank or payment service provider where this document expressly instructs payment, a verification agency instructed for the stated purpose, and a statutory or tax authority where disclosure is required for the transaction recorded here.
If the transaction does not proceed, or this document is withdrawn before it takes effect, the personal data will be retained for 90 days from that decision and then erased. If the transaction proceeds, the record will be retained for the term of the tenancy or transaction plus 12 months and then erased, except for a record that a statute requires to be kept for a longer named period.
A person named in this document may withdraw consent for future consent-based processing, request correction or erasure when the stated purpose has ended, or raise a grievance by writing to __________. The record-holder should acknowledge and respond within 30 days.
Data minimisation: this document deliberately does not require a full Aadhaar number, Aadhaar-card copy, passwords or unrelated identity material. Detailed KYC should remain in the separate KYC workflow; tax or payment identifiers are collected here only where the whole purpose of this document requires them.
Personal-data instruction: __________.
SIGNATURE
Tenant: __________
Record-holder: __________