Tds on rent

This query is : Resolved 

12 January 2012 is tds applicable on rent paid for space in fair/exibition, for the purpose of sale of product

12 January 2012 Yes TDS is applicable u/s 194I @10%.
If PAN not provided 20%.
Threshold limit Rs 1.80 lacs p.a.

TDS to be deducted on amount excluding of service tax, if any.


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