Tds on rent


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Querist : Anonymous

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Querist : Anonymous (Querist)
05 July 2012 Rent of Rs. 180000 per year.
whether tds is to deducted or not?

05 July 2012 TDS u/s 194I is applicable only when the payment EXCEEDS Rs. 1,80,000.

Since the payment is EXACTLY Rs. 1,80,000 TDS is NOT required to be deducted.


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