What rate of TDS to be applied


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When hiring computers on a monthly rent, the applicable TDS rate falls under Section 194I. For non-company entities, the rate is 1%, while for companies, it's 2%. A threshold limit of Rs 240,000/- applies before TDS deduction is required.

(Querist)
12 May 2022 what rate of TDS to be applied to deduct TDS on Hire computer on monthly Rent.

12 May 2022 194C will be applicable. 1% (non company) and 2% (Company).

27 May 2022 TDS to be deducted at the rate of 2% under section 194I

Threshold limit Rs 240000/-


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