Easy Office

Tds on rent

This query is : Resolved 

06 July 2015 We have taken a factory including plant and machinery on rent for processing the exportable products. We have to pay rent @ 1,50,000/= per month and yearly Rs. 18,00,000/=per annum. Please let me know the rate of tds on making payment of rent. It is 10% or 2% and under which section. Is it u/s 194-I


06 July 2015 If it is a composite agreement for Factory and Plant & Machinery then deduct TDS u/s 194I @ 10%.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries