Rental details
Monthly rent₹25,000
₹
Security deposit (months)2 months
Agreement tenure
State
Annual rent escalation %5%
Security deposit
—
Full financial picture
Security deposit amount—
Move-in total (1st month + deposit)—
TDS applicable on rent?—
TDS amount per month—
Agreement stamp duty—
Registration required?—
Rent at end of tenure—
Total rent over tenure—
Tenant rights checklist
Before signing:
• Get agreement registered if tenure > 11 months
• Photograph all existing damage before moving in
• Confirm deposit refund timeline in writing (typically 30–45 days after vacating)
• Check if society NOC is required for rental
TDS on rent (Sec 194-IB): If monthly rent ≥ ₹50,000, tenant must deduct 2% TDS annually (10% from FY 2024-25) and file Form 26QC.
• Get agreement registered if tenure > 11 months
• Photograph all existing damage before moving in
• Confirm deposit refund timeline in writing (typically 30–45 days after vacating)
• Check if society NOC is required for rental
TDS on rent (Sec 194-IB): If monthly rent ≥ ₹50,000, tenant must deduct 2% TDS annually (10% from FY 2024-25) and file Form 26QC.
11-month agreements are popular to avoid mandatory registration, but courts have held that unregistered agreements >12 months are still valid for evidence purposes. Always keep a copy of the registered/signed agreement.