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TDS on Rent

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Querist : Anonymous

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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.
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
18 March 2010 If the annual rent is Rs.56000/- only no need to deduct tax u/s 194I
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Shyam Lal Naik

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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.)



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CA Ashok Kumar Sahu

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CA Ashok Kumar Sahu (Expert)
18 March 2010 Agree with expert
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
18 March 2010 AGREE WITH EXPERTS.
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G.Ramesh

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G.Ramesh (Expert)
18 March 2010 Agreed
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
18 March 2010 agreed
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CA Ravi Sisodia

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CA Ravi Sisodia (Expert)
18 March 2010 Agreed...



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Anurag Agarwal

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Anurag Agarwal (Expert)
24 March 2010 Agreed

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