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Surcharge on Rent Income of an Individual

This query is : Resolved 

07 July 2010 We deduct T.D.S@10% on Individuals on payment of residential rent given by the company to its employees. Are we liable to deduct surcharge on the above mentioned payment to the respective individuals.

If we are liable to deduct, than what is exemption limit and at what rate should it be deducted from the amount so given, to the individuals?

07 July 2010 NO SURCHARGES ON TDS DEDUCTED ON RENT U/S194I. RATE IS FLAT 10%.
THRESHOLD LIMIT UPTO 30.06.2010 RS 120000/- P.A., W.E.F. 01.07.2010 RS 180000/- P.A.

07 July 2010 No by the F.A 09 (no.2) no Surcharge is to be deducted on the TDS Deducted

07 July 2010 No query left unanswered here. Both share the same view. Query resolved.


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