TDS on Rent

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Querist : Anonymous (Querist)
18 March 2010 whether tds applicable on machinery taken on hire and padi Rs.56000/- for the whole year.

18 March 2010 If the annual rent is Rs.56000/- only no need to deduct tax u/s 194I

18 March 2010 Not applicable, as the amount paid does not exceed the exemption limit(ie. 1.20 Lakh p.a.)

18 March 2010 Agree with expert

18 March 2010 AGREE WITH EXPERTS.

18 March 2010 Agreed


18 March 2010 Agreed...

24 March 2010 Agreed


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