TDS, or Tax Deducted at Source, is a tax collection mechanism implemented by the government of India. One crucial aspect to understand is TDS on rent, which stands for Tax Deducted at Source. It requires tenants to deduct a certain percentage of the monthly rent and deposit it with the Income Tax Department. This article aims to provide essential information about TDS on rent, including its applicability, calculation, filing procedures, exemptions, penalties for non-compliance, and the importance of adhering to TDS regulations.