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Tds on rent

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(Querist)
19 July 2014 sir , if the rent payer is indivisual (propertior) is paying rent 30000.00 per month ie 20000/- & 10000 (to different person) , and not deduct any tds on rent .
so the receiver is having any problem in future in income tax.
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sushil kumar

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sushil kumar (Expert)
19 July 2014 Dear,
If you are running the business and falling the section 44AB for tax audit then deduction @10% is required u/s 194I, otherwise no deduction is required.
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
19 July 2014 Agree with Expert. But even if under tax audit TDS not required to be deducted in second case i.e., Rent of Rs 10000/- p.m. since the same will not cross threshold limit of rs 1.80 lacs p.a.
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