194-i tds on rent


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Querist : Anonymous

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Querist : Anonymous (Querist)
04 February 2016 1. rent paid to xyz per annum is 210000
2. rent paid to abc 25000 pm.

tds @ 10% is applicable only to item 1 and 2 both or only to item number 1( as it exceeded limit of rs.180000)

04 February 2016 if permonth 25000 it will exceeds 180000 for year,so tds applicable in this case also

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Querist : Anonymous

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Querist : Anonymous (Querist)
04 February 2016 if item number 2 is 25000 PER ANNUM?

is limit is applicable to each case or as a whole( all rents paid to different persons)

04 February 2016 limit is with reference to each person,

not applicable if 25000 per annum

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Querist : Anonymous

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04 February 2016 thanx a ton. great help for a better clarity


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