TDS ON RENT FOR BUILDINGS U/S. 194I
This query is : Resolved
26 October 2009
Dear Sir,
What is the TDS rate to be applied in case of payment to be made to an Individual towards Rent for Buidlings. The monthly rent is Rs 1,80,000/-.
Please clarify as to what rate is to be applied w.e.f 1st OCT 2009
What is the TDS rate to be applied in case of payment to be made to an Individual towards Rent for Buidlings. The monthly rent is Rs 1,80,000/-.
Please clarify as to what rate is to be applied w.e.f 1st OCT 2009
26 October 2009
2%
26 October 2009
But as per the TDS rates chart what I am having, the TDS rate is shown as 10% and also is there no Surcharge applicable on this.
Thanks
Ramaswami
Thanks
Ramaswami
26 October 2009
Pl see the chart in https://www.simpletaxindia.org/2009/07/new-tds-rate-fy-09-10-after-budget.html
26 October 2009
2% for the use of any machinery or plant or equipment,
10% for the use of any land or building or furniture or fittings for all persons.
10% for the use of any land or building or furniture or fittings for all persons.
26 October 2009
I stand corrected. The mistake is regretted.
26 October 2009
Agree with expert Gurdeep, w.e.f. 01.10.2009 TDS is 10% on rent for land/building/furniture/fittings.
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
- TDS Challan - change of FY 2025-26 to TY 2026-27
- Gst registered proprietorship firm
- Price inclusive or exclusive of GST while made entry in P& L Account
- AUDITOR APPOINTMENT FOR THE YEAR ENDING MARCH 27
- Minimum tax payable to file Updated return
- Non filing of I T Returns
- UDIN ISSUE
- Salary from Qatar in Dollars in India
- Tax rate change regarding
- SALARY CAN BE CAPITALIZE
- How to Handle Active E-Invoices in GST Portal Deleted from Tally?
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Starting trading business
- 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?
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
