Tds applicability


This query is : Resolved 

29 January 2014 an employee who receive salary of Rs. 12 lacs and give a premises to the co. on rent of Rs. 1 lac.so whether t.d.s is applicable on rent amt of rs. 1 lac or exempt u/s 194I.?

PLZ REPLY SOON.

30 January 2014 no tds applicabl till rent is less than Rs 1.8 lakhs per annum.


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