TDS on Rent of commercial Property
This query is : Resolved
12 September 2009
Can someone tell me that at what rate bank can deduct TDS from my rent as I am indivisual.
Bank is still deducting 16.995% TDS in current year whether is legal
Bank is still deducting 16.995% TDS in current year whether is legal
12 September 2009
For the f.y. 08-09:
TDS rate on rent:
Tax 15%
Surcharge @ 10% (if aggregate amt exceeds rs.10 lakhs)
Education cess @ 3%
For the f.y. 09-10 (upto 30/09/09):
TDS rate on rent:
Tax 15%
No surcharge and education cess.
For the f.y. 09-10 (from 01/10/09):
TDS rate on rent:
Tax 10%
No surcharge and education cess.
TDS rate on rent:
Tax 15%
Surcharge @ 10% (if aggregate amt exceeds rs.10 lakhs)
Education cess @ 3%
For the f.y. 09-10 (upto 30/09/09):
TDS rate on rent:
Tax 15%
No surcharge and education cess.
For the f.y. 09-10 (from 01/10/09):
TDS rate on rent:
Tax 10%
No surcharge and education cess.
12 September 2009
w. e. f. 01.10.2009 -10%
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
- About TDS & Income Tax
- Tax on Deemed Capital Gain
- Section 194JA & JB Income which ITR Form to use
- PPF interest-As Exempt Income disclosure
- Scrutiny and reopening of past returns
- Pass word to open justification report for Q1 for FY 2026-27
- Type of Capital Gain
- F & O PROFIT REPORTING FOR AY 2026-27
- Regarding ITR filing with more value than showing in AIS/TIS
- Booth for sales promotion
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Taxation in the hands of Landowner under JDA
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
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
