tds on rent

This query is : Resolved 

01 December 2009 if i book office rent expenses in our books of accounts how much amount will be not eligible to deducted TDS?

01 December 2009 Up to Rs.1,20,000/- in a financial year.

01 December 2009 up to Rs.1,20,000/- afterthan as per Sec.194I Rent on Plant/Machinery @ 2% & Rent Otherthen Plant/Machinery @ 10%,If PAN not Quoted 20%


01 December 2009 Agree

02 December 2009 can rent will be paid in books of accounts in cash upto 10000 per month?

02 December 2009 it doesn't matter that rent is booked in cash or though bank , if payment during the year is Rs,120000/-, you are supposed to deduct tax.


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

Follow us
add to google news


Answer Query



Company
22 July 2026
Senior Chartered Accountant

SKSS

Patna

CA

View Details
Company
23 July 2026
Senior Accountant

Felicity Adobe LLP

Bengaluru

CA Inter

View Details
Company
ARTICLESHIP 28 June 2026
Article Assistant

Sharma Chetan And Company

Gurgaon

CA Inter

View Details
Company
29 June 2026
ACCOUNTANT

SANDEEP AASHISH & CO

Araria

B.Com

View Details
Company
ARTICLESHIP 08 July 2026
Article internship

AJAY SINGH AND CO LLP

Thane

CA Final

View Details
Company
20 July 2026
Senior GST Executive

Chandak Agarwal & Co

Mumbai

Graduate (Any)

View Details
Company
11 July 2026
CA semi qualified

Vakilsearch.com

Chennai

CA Inter

View Details
Company
ARTICLESHIP 30 June 2026
Taxation Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details