Tds on rental payment to university

This query is : Open

Shankar G (Querist)
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28 March 2014 Hi,

We are going to pay rental to University for an amount of Rs.3.00 PA. Can anyone confirm, should we deduct TDS on rental payment under section 194I,if so, can you share which sub para we have to refer. since university insisting us not to deduct TDS.

Regards
Shankar G
9962571414

Rupesh Jain

Rupesh Jain (Expert)
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28 March 2014 rs. 180000/- above amount as rent you are paying then you have to deduct tds @ 10% but if it is exempt u/s 10(20) or 10(20A)

then no need to deduct tds

Rupesh Jain

Rupesh Jain (Expert)
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28 March 2014 certificate under above section with the university

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Shankar G

Shankar G (Querist)
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28 March 2014 Thanks for the reply sir...When I checked with section 10(20)is not specified about university and it talks about institutions.
Can you guide me on this. should we not deduct TDS payment university comes under university grands commission.