Tds on rent
This query is : Resolved
04 April 2019
Sir
Individual Rent payment Rs. 52,000/- to Individual how much TDS deducted fy 2019-20 If owner not having Tan how to pay TDS
Kindly help me rent tds producure of Rent what is limits, section, date of tds payment etc
Thanking you
Individual Rent payment Rs. 52,000/- to Individual how much TDS deducted fy 2019-20 If owner not having Tan how to pay TDS
Kindly help me rent tds producure of Rent what is limits, section, date of tds payment etc
Thanking you
04 April 2019
IS 52000 rs. is annual or monthly
If it is annual no TDS is required to be deducted.
If it is annual no TDS is required to be deducted.
04 April 2019
Please clearly mention the source of income of the tenant. If he is a businessman and his accounts are audited U/s 44AB (Tax Audit) then TAN number is required and tax is to be deducted @ 10%.
In other cases mentioned U/s 194-IB-tax is required to be deducted @ 5% and there is no requirement of TAN.
If you refer section 194I and 194-IB you will get all the required information. You may refer the link given here under-
https://www.myloancare.in/tax/tds-on-rent/
In other cases mentioned U/s 194-IB-tax is required to be deducted @ 5% and there is no requirement of TAN.
If you refer section 194I and 194-IB you will get all the required information. You may refer the link given here under-
https://www.myloancare.in/tax/tds-on-rent/
10 April 2019
This query is resolved.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- STCG....................................................
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- Sales return eway bill
- Treatment of Pension ?annuity returns on PMVY
- TAN for Partnership
- GST ON DAMAGED GOODS
- AY 26-27 ITR-4 FILING U/S 44-ADA
- Plot of land. Cost of Acquisition
- Specified Profession
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
