Tds on furniture rent


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Querist : Anonymous

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Querist : Anonymous (Querist)
25 May 2017 Hi,


If we hire the massage chairs for 2 days - INR 30,000/-, do we need to deduct TDS.
If yes, under which Head we have to consider (Contract / Rent) and what is the percentage to be deducted.


Thank you.

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Expert : Anonymous

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Expert : Anonymous (Expert)
25 May 2017 TDS on rent u/s 194C is deducted if gross payment is more than 180000/- in a year. So no TDS required to be deducted on this transaction.


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