TDS on Rent

This query is : Resolved 

01 June 2009 Dear All,

If i paid rent Rs 120000/- pa

then tds required or not


01 June 2009 Not required because question of deduction arises when aggregate sum of rent credited or paid exceeds Rs.1,20,000/- per annum.

01 June 2009 Thanks its applicable if Rs 120001/-



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