24 August 2016
suppose for eg. Mr A is paying house rent for Rs 2,40,000 annually to Mr B . In these case both of them are individuals.
is tds to be deducted by Mr A while making payment to Mr B as it has crossed the threshold limit of Rs 1,80,000. And apart from this Mr A is not holding tan no.
please kindly clarify me in simple language and not in legal language.
CAclubindia
