TDS on Rent
This query is : Resolved
Querist : Anonymous
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
Shyam Lal Naik
(Expert)
18 March 2010
Not applicable, as the amount paid does not exceed the exemption limit(ie. 1.20 Lakh p.a.)
CA Ashok Kumar Sahu
(Expert)
18 March 2010
Agree with expert
18 March 2010
AGREE WITH EXPERTS.
CMA Ramesh Krishnan
(Expert)
18 March 2010
agreed
CA Ravi Sisodia
(Expert)
18 March 2010
Agreed...
Anurag Agarwal
(Expert)
24 March 2010
Agreed
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