TDS On rent u/s 194I

This query is : Resolved 

24 February 2009 TDs @10% will be deducted on rent paid for Plant & Machinery and @15% on Furniture.

An agrement is made for rent of Plant & Furniture with a composite rent of rs. 25000/- per month.

What will be the TDS rate here- 10% or 15%?

24 February 2009 If you do not have the break up then you have to deduct the higher percentage of 15%.


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