TDS ON RENT
This query is : Resolved
02 July 2010
WE are paying rent for staff accomdation and were deducting TDS on the rent amount of Rs.12017/- which exceeded 1.2 lacs as per the existing threshold limit. But as per the new amendement effective from 1st july 2010 the threshold limit is Rs.1.80 lacs for TDS on rent. Should we deduct tax for the rent paid from July 2010 or is it not required. Please clarify.
CMA Ramesh Krishnan
(Expert)
02 July 2010
From July on wards no need to deduct tds on that rent since the thershold limit is enhanced and it will come under the limit
02 July 2010
check that when that amendmend is effective if it is effective from july then no need to deduct tds :)
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- EPF ECR NEW FILE SEP 17TH 2026
- Depreciation Chart Companies Act
- Capital Gail Exemption Certificate
- SECTION 393(3) TAX ON CASH WITHDRAWAL
- TDS on Fixed Assets purchased
- TAX AUDIT ON PROFESSIONAL INCOME
- Oct 2025 Invoices
- Capitalgain tax purposes for valuation report compulsory
- GST on Renting godown to KFCSC for Storage of Raagi
- Clarification Requested: Gift → NRO → NRE → Overseas Transfer - USA/CANDA (FEMA & Tax Compliance)
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
