Tool 10 · Rental Income

Rental Income Tax

How much TDS does your tenant deduct? What can you claim back? Net rental income after all deductions.

Your rental + deductions

Monthly rent received from your tenant.

Property tax paid to local authority. If none, leave at 0.

Section 24(b) — interest on loan taken to purchase or construct this property. No ceiling for let-out property.

Determines if DTAA reduces your TDS rate (with TRC + Form 10F).

Enter your monthly rent to see your TDS, deductions and net income.

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Covers:TDS on RentSection 24DTAAForm 10F
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