Tds


This query is : Resolved 

(Querist)
05 May 2012 i am going to pay rent of last two year in this year each year 100000 & 100000
i have not booked rent exp.last year now i am going to pay total 200000 what will be tds treatment ?should i deduct tds ?

05 May 2012 You need to deduct TDS @10% incase of land and builings ,for P & M , Equipment, furniture & fittings@2% on entire amount since amount exceeded specified u/s 194I(180000).


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