When it is required to deduct tax at source under section 194IB?
​The section provides the following timelines for deduction of tax at source:

 (a) Where the property is let out for the whole year

 Tax shall be deducted at the time of payment or credit of rent to the account of the payee for the last month of the financial year, whichever happens, earlier.

 (b) Where the property is vacated during the year

 If property is vacated during the year, tax shall be deducted at the time of payment or credit of rent to the account of the payee for the last month of tenancy, whichever happens earlier.​