Tds on rent
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
23 August 2012
I m very confused that if i pay the rent 200000 how much tds to be deducted for AY 12-13
after deducted(180000 exempeted rent)
20000*10%=2000
OR
200000*10%=20000
pls answer
after deducted(180000 exempeted rent)
20000*10%=2000
OR
200000*10%=20000
pls answer
23 August 2012
TDS is to be deducted on 200000/-
@10% on Rent. 2% on Plant & machinery Rent. u/s.194I.
@10% on Rent. 2% on Plant & machinery Rent. u/s.194I.
Guest
Guest
(Expert)
23 August 2012
Tax to be deducted on Rs 200000 i.e.total rent paid during the year.
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