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Teneant paying full rent not deducting tds

This query is : Resolved 

06 August 2015 I have rented out my flat for annual income more than Rs 180000/00. Tenant being individual is paying me full rent and not Deducting TDS out of rent. I want to pay it , By which form I can pay Tax on rental income. I mean will it be a self assesment tax or how will it come u/s 194l. There is no provision to select a form for Land LordPlease clarify

07 August 2015 You may pay it as 'Self Assessment Tax'.

He will have to pay TDS only if his Gross receipts from the business/ Profession is greater that 1Crs.

Your side will be clear if you pay your Self Assessment tax after considering this income. K ??

07 August 2015 Thanks as I feel releived of the confusion. I will pay as self assessment Tax on the rental income received.




08 August 2015 Yes. Compute your all sources of income and pay Self Assessment Tax on that amount.
That will suffice.
Don't be tensed.

09 August 2015 Thanks a lot once again for your valuable guidance



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