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Discussion > Accounts > A/c entries >

Tds on rent

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sales

[ Scorecard : 47]
Posted On 25 May 2012 at 12:16 Report Abuse

Dear Sir,

                  Please tell me I engage a building on rent 9 month rent rs.168000/- for year 2012-13.  TDS rent limit is 180,000/-

please tell me how much TDS deduct on rent please breif in details.

 

regards,

vinod



ashish gupta
student

[ Scorecard : 1884]
Posted On 25 May 2012 at 12:30

you dont need to deduct any TDS as amount is within the limits



Total thanks : 3 times



neeraj
CA

[ Scorecard : 930]
Posted On 25 May 2012 at 12:38

agree with ashish



Total thanks : 1 times


SANJIV KUMAR JHA
CA-FINAL,ARTICLE

[ Scorecard : 37]
Posted On 25 May 2012 at 15:25

NO ...

U DON'T NEED TO DEDUCT TDS.....................



Prateek Agarwal
Sr. Executive - Finance & Accounts

[ Scorecard : 1724]
Posted On 25 May 2012 at 16:57

Agree with above.



mohd wasim khan
article clerk

[ Scorecard : 34]
Posted On 25 May 2012 at 17:30

Ya there is no need to deduct TDS on rent as the amount is whithin threshhold limit


CA Pankaj Warke
Fin Man

[ Scorecard : 201]
Posted On 25 May 2012 at 18:21

NO NEED TO DEDUCT TDS IN CASE THE AMOUNT PAID / CREDITED IS LESS THAN RS.180000/- DURING THE YEAR.



Member (Account Deleted)
CA Student

[ Scorecard : 94]
Posted On 25 May 2012 at 20:05

TDS ON RENT NEEDS TO BE DEDUCTED ONLY IF RENT DURING THE YEAR EXCEEDS RS 1,80,000. AS UR RENT IS BELOW THIS LIMIT , U DONT NEED TO DEDUCT TDS. :)



vinodkumargupta
proprietor

[ Scorecard : 31]
Posted On 26 May 2012 at 08:35

Dear Vinod,

You need not to deduct TDS on rent because it is within limit.

                                                              Vinod gupta



CA PRAVEEN SINGH
MANAGER ACCOUNTS

[ Scorecard : 2221]
Posted On 26 May 2012 at 11:03

YES AGREE WITH ALL ABOVE...

YOU ARE BELOW THE LIMIT ..NO NEED TO DEDUCT TDS.


There are 29 Replies to this message






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