TDS on rent
This query is : Resolved
29 June 2010
We are having a propane gas tank in our factory premises and we have to pay rent for right to use of propane in our premises @ Rs.132000/- per anum. What should be the TDS for this?
Shyam Lal Naik
(Expert)
29 June 2010
2% u/s 194I.
This rate is applicable wef 01/07/2010
This rate is applicable wef 01/07/2010
Shyam Lal Naik
(Expert)
29 June 2010
It was 10%
29 June 2010
Rent for machinery will be 2% not 10%
29 June 2010
here we are not using any of his machinery. But we have to pay rent as right to use.
Shyam Lal Naik
(Expert)
29 June 2010
Agree with Mr. Bansal.
The rate of 10% has been reduced to 2% wef 01.10.2009.
The rate for May'10 shall be 2%.
The rate of 10% has been reduced to 2% wef 01.10.2009.
The rate for May'10 shall be 2%.
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