What is TDS Applicability on Rent , when the limit exceeds 240000 to 260000

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This discussion clarifies the applicability of Tax Deducted at Source (TDS) on rent payments. If your annual rent exceeds the £240,000 threshold, TDS will be applied to the entire amount, not just the portion exceeding the limit. For example, if the total rent paid is £324,000, TDS at 10% will be calculated on the full £324,000.

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(Querist)
02 November 2021 Dear Sir/Madam

My query is about TDS on Rent , I know the threshold limit is 240000, but
in our case amount exceeded to 324000 in current fiscal year 2021-22 up to October
hence TDS @10% would be apply on 84000 or entire amount.
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
02 November 2021 On entire amount of Rs. 324000/-
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Kowsalya

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Kowsalya (Expert)
03 November 2021 If the rent amount exceeds the threshold, TDS will be applicable on the entire amount.
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