A partnership firm is paying rent to a partner

This query is : Resolved

Share Report Follow Query Ask a Query

ravikanth

ravikanth (Querist)
Follow

16 April 2026 if a partnership firm is paying rent to partner tds applicability AY 2026-27 and threshold limit

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
Follow

16 April 2026 TDS under Section 194I applies to rent payments by any payer, including partnership firms, when paying rent to a partner (treated as any other payee). For AY 2026-27 (FY 2025-26), the threshold is Rs. 6 lakh annually (or Rs. 50,000 per month), as updated in Budget 2025.
TDS Rates for Rent
10% for land, building, or furniture/plant/machinery.
2% for plant, machinery, or equipment (other than land/building/furniture).

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

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Joyashish Maitra

Vidish Bhatt

ABHISHEK AGRAWAL

Vidit Ratanghayra

sumit

Subscribe Now

A partnership firm is paying rent to a partner

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Manager- Finance and Compliance

GST CONSULTANCY

Accountant

Senior Executive

CA Final

GST CONSULTANT