Tds on rent


This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
07 July 2015 Rent covered under section 194I covers the scheduled payment of rent for machinery i.e. monthly/quarterly or it can be applied in the case of payment of rent for each time when machinery is taken on hire i.e as and when required??

07 July 2015 Whether monthly or case to case basis, TDS apply u/s.194I on all the cases if the threshold limit exceeds

08 July 2015 once the threshold limits exceed then tds u/s 194I is applicable.

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
08 July 2015 Ok..
Once the threshold is exceeded, then TDS is to be deducted on the whole amount including the earlier one??

09 July 2015 yes all the amounts paid u need to consider and deduct on all payments made in fy.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
Featured 03 October 2026
Accountant

A P Lodha and Associates

Jalna

B.Com

View Details
Company
ARTICLESHIP 22 October 2026
Articleship intern

Srinath Manikanta

Hyderabad

CA Inter

View Details
Company
ARTICLESHIP 07 October 2026
Article assistant

S.K.Bajpai & Co.

Noida

B.Com

View Details
Company
14 October 2026
Asst. Manager/Dy Manager (Costing)

manufacturing

Pune

CMA

View Details
Company
ARTICLESHIP 07 October 2026
Article Trainee/ CMA Trainee

RMA And Associates LLP

New Delhi

CA Inter

View Details
Company
19 October 2026
Accountants/Articles (Freshers/Experienced)

ADY & CO.

New Delhi

Graduate (Any)

View Details
Company
ARTICLESHIP 23 October 2026
Articled Trainee

J Y & CO

Hyderabad

CA Inter

View Details
Company
15 October 2026
Senior Accountant

Continental Belting Pvt Ltd

Mumbai

B.Com

View Details